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Marvin P. lives in Sto. Nino, South Cotabato. He is a farmer whose main crop is rice. He grows and sells rice so that he can provide whatever his family needs. He also manages a small sari-sari store. He started his business in 2009 and would now like to grow it. He is requesting a loan of 6,000 PHP from Kiva partner, Community Economic Ventures, Inc. (CEVI). He will use the loan to buy additional merchandise for his sari-sari store. He likes CEVI's service because it is very affordable.

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
  • 385
    View loans »
    Philippines Loans Fundraising
  • $70,831,400
    Funds lent in using Kiva
  • 44.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Marvin to purchase additional merchandise for his store.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Apr 16, 2010
Apr 28, 2010
Currency Exchange Loss:
Oct 15, 2010