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Roseminda N. owns a small rice farm. She began this business in order to help support her children's education. She has three children; all of them are still in school.

Roseminda has requested a loan from CEVI in order to purchase more seeds and fertilizers for her farm. She hopes that this will increase her business. She intends to use the profit to finance her children's daily fare and school fees, as well as provide for the family's daily consumption.

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
  • 548
    View loans »
    Philippines Loans Fundraising
  • $69,906,675
    Funds lent in using Kiva
  • 44.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Roseminda to purchase more seeds and fertilizers.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Jan 11, 2011
Jan 24, 2011
Currency Exchange Loss:
Jul 15, 2011