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Daniel
Daniel M. is happy working in the rice field, voluntarily helping his parents earn a family income. He has been supporting his siblings to finish their studies. He dreams of having his own rice farm someday. Though he is still young, Daniel is starting to worry about his future.

The farm that he tills now is owned by his parents. He wants to make it productive to help them. He is looking for additional funds to buy the farm needs. He is requesting a loan of Php 10,000 from CEVI to purchase complete fertilizer, Urea, Crude oil, herbicides and to pay the other laborer on his farm.

Joining in The CEVI program develops more than business skills. He has an opportunity to meet other businessmen talking about their small enterprises. CEVI provides credit assistance, 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
  • 842
    View loans »
    Philippines Loans Fundraising
  • $54,407,775
    Funds lent in using Kiva
  • 48.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Daniel to purchase complete fertilizer, Urea, Crude oil, herbicide and to pay the laborer.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 1, 2009
Listed
Jun 23, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009