A loan of $325 helped to purchase additional seeds, fertilizers and other farm materials.

Vanessa's story

Vanessa V. is from the town of Sta. Josefa. She is 31 years old. Vanessa is married and has 3 school-aged children.Vanessa owns & operates an agricultural business, planting and harvesting rice for sale. Vanessa has been engaged in her business for over 10 years.

In 2007, Vanessa joined CEVI to gain access to financial services to help improve her living situation and her ability to engage in business activities. Vanessa has successfully repaid a previous loan from CEVI. She is requesting a new loan of 15,000 PHP which will be used to purchase additional seeds, fertilizers and other farm materials. This loan will be the eighth loan taken out by Vanessa from CEVI. She plans to use the additional revenue generated to improve the general living conditions of her family.

About CEVI:

Community Economic Ventures, Inc (CEVI) has increased its portfolio significantly over the recent years. Based in Bohol, they have numerous branches throughout the Philippines. In 2009, CEVI was awarded a CGAP silver award for transparency in social performance monitoring. CEVI not only provides credit for its clients but additionally savings, insurance and training which are provided through regular cluster group meetings.

*Note: To maximize efficiency and reduce costs, this loan was posted using a template to automate the translation by Kiva. Given that manual translation of entrepreneur profiles is costly, Kiva created this template for our Field Partner to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.

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