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Leonora D., 47 years old, is a rice grower. She has two children with the eldest one aged 13. She currently tills a ½ hectare farm. She started farming in 1995. The reason she would like to apply for a loan is for business expansion. She is requesting a loan amount of 15,000 Philippine Pesos which she will use to buy farm supplies like seeds and fertilizers. Leonora says that she likes CEVI services so much because they also offer micro-insurance coverage to all their clients.

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
  • 373
    View loans »
    Philippines Loans Fundraising
  • $66,111,575
    Funds lent in using Kiva
  • 44.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Leonora to buy farm supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Apr 15, 2010
Apr 29, 2010
Currency Exchange Loss:
Sep 15, 2010