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John
44-year-old John R. is from the town of Sto. Niño. He is married and has two children. His older child is now aged twenty. John's business is rice farming. He tills his own land where he plants and harvests rice crops. He also owns a sari-sari store that his wife runs. He has been farming for eleven years now and hopes to have a stable income for his family.

John joined CEVI to gain access to financial services to help improve his living situation and ability to engage in business activities. John has successfully repaid a previous loan from CEVI. John is requesting a new loan of 10,000 PHP which will be used to purchase fertilizers such as manure and piglets. This will be the third loan taken out by John from CEVI. He plans to use the additional revenue generated from the business to supplement the family's income.

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
  • 1504
    View loans »
    Philippines Loans Fundraising
  • $59,099,150
    Funds lent in using Kiva
  • 45.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped John to purchase fertilizers such as manure and piglets.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 15, 2010
Listed
Jun 22, 2010
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2010