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"One of my dreams in life is to give my children proper education,” shares 58-year-old Carolina. She is married and has three children. She says that her children’s education is one of the challenges she and her husband currently face because school fees keep increasing every year. She keeps working hard to achieve her goals. She raises hogs to earn a living. She sought the help of CEVI, an MFI in the Philippines, for financial support for her business. She applied for a loan of 18,000 Philippine pesos, which she will use to buy additional piglets and also feed for her hogs.

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
  • 365
    View loans »
    Philippines Loans Fundraising
  • $66,132,425
    Funds lent in using Kiva
  • 45.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Carolina to buy feed for the pigs.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Mar 10, 2010
Apr 1, 2010
Currency Exchange Loss:
Sep 15, 2010