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Bilsam
Bilsam B. is a rice grower. He is 38 years old and the father of three children. He wants to provide for all the needs of his family especially now that all the children are going to school. He was a tourist driver before. For 13 years, Bilsam worked very hard as a driver until he met his wife, Deborah, and got married.

In his desire to be a good husband and father, Bilsam invested much in rice farming. His harvest is what he uses to buy all their needs. He also saves some rice for their own consumption. Now, he needs a loan of Php 10,000 from CEVI. He will use the loan to buy fertilizer, fungicides and other farm inputs.

CEVI aims to help small businesses like his grow. It provides not just loans but training and insurance coverage as well.

Additional Information

More information about this loan

On Friday November 8, 2013, Super Typhoon Haiyan made its way through Southeast Asia, causing substantial damage to homes and businesses in areas of the Philippines. Given the state of devastation following this storm, borrowers living and working in these areas may have difficulty making repayments on their loans, thus making their Kiva loans higher risk. More 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

  • $1175
    Average annual income
  • 324
    View loans »
    Philippines Loans Fundraising
  • $52,706,975
    Funds lent in using Kiva
  • 48.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Bilsam to purchase fertilizer, fungicides and other farm inputs.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 29, 2009
Listed
May 1, 2009
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2009