A loan of $275 helped to purchase additional seeds, seedlings and other farm inputs.

Edgar's story

Edgar P. is from the town of Sto. Niño. He is 39 years old. Edgar is married and has 6 school-aged children. He owns & operates an agricultural business, planting and harvesting rice for sale. He has been engaged in his business for over 14 years.

Edgar joined CEVI to gain access to financial services to help improve his living situation and his ability to engage in business activities. He has successfully repaid a previous loan from CEVI. Edgar is requesting a new loan of 12,000 PHP which will be used to purchase additional seeds, seedlings and other farm inputs. This loan will be the fourth loan taken out by Edgar from CEVI. He plans to use the additional revenue generated to pay the tuition fees of his children.

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.

Loan details

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Loan details