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Paterno is a 45 year old father of six. Paterno is a rice farmer and he strives to support his children through hard work. He wants to continue to send his children to school so they can finish their studies. His eldest child is 18 years old.

Paterno wants to improve his farming and increase his earnings. He heard about Community Economic Ventures, Inc. that offers financial assistance to entrepreneurs like him. He joined and requested a loan of 15,000 Php to support his farming business.

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
  • 1792
    View loans »
    Philippines Loans Fundraising
  • $60,919,225
    Funds lent in using Kiva
  • 46.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Paterno to buy supplies for his rice farm.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Jan 6, 2010
Feb 1, 2010
Currency Exchange Loss:
Jul 15, 2010