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Norberto D., 57-years old, has been farming since 1960. Currently, he is tilling a one and 3/4 hectare rice field which is the bread and butter of his family. He hopes to make his farm productive and that his children will finish their studies.

Hoping for a better harvest, he would like a loan of Php 15,000 from Kiva partner Community Economic Ventures Inc. He plans to buy fertilizers and chemicals to ensure the healthy growth of his rice plants. The loan will hopefully not just give an abundant harvest but also a bigger family income.

Norberto actively participates in the CEVI cluster meetings. He has also received training and insurance coverage.

Additional Information

About Community Economic Ventures, Inc.

Community Economic Ventures, Inc. (CEVI), based in Bohol, was awarded the Platinum Award for Transparency in Social Performance Reporting by CGAP. Social performance monitoring is imperative in measuring a microfinance institution’s effectiveness. The fact that CEVI is participating in this process speaks volumes about the organization’s commitment to serving its clients effectively. In addition to providing credit for its clients, CEVI provides savings, insurance, and training through regular cluster group meetings.

You can show your support for CEVI by joining the Friends of CEVI Kiva Lending Team. Learn more by visiting the CEVI website.

About Philippines

  • $7,000
    Average annual income
  • 333
    View loans »
    Philippines Loans Fundraising
  • $70,752,750
    Funds lent in using Kiva
  • 48.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Norberto to purchase fertilizers and chemicals.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Jul 28, 2009
Aug 5, 2009
Currency Exchange Loss:
Jan 15, 2010