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Joseph
Joseph D. is from the town of Sto. Niño. He is 37 years old and single, but still hopes to have his own family someday. To make a living, Joseph owns and operates a business venture in the agriculture sector planting and harvesting rice for sale. Joseph has been engaged in his business for over 18 years. He says he wants to save for his future family.

Joseph joined Kiva partner, CEVI, to gain access to financial services to help improve his living situation and ability to engage in business activities. He has successfully repaid a previous loan from CEVI. Joseph is requesting a new loan of 12,000 PHP, which will be used to purchase fertilizers such as manure and to pay laborers to help prepare his land. This loan will be his fourth from CEVI. He plans to use the additional revenue generated from the business to improve his business.


About CEVI

Community Economic Ventures, Inc. (CEVI) has increased its portfolio significantly over recent years. Based in Bohol, it has numerous branches throughout the Philippines. In 2009, CEVI was awarded a CGAP silver award for transparency in social performance monitoring. CEVI not only provides credit for its clients but also savings, insurance and training, which are provided through regular cluster group meetings.


*Note: To maximize efficiency and reduce costs, this loan was posted using a template to automate the translation by Kiva. Given that manual translation of entrepreneur profiles is costly, Kiva created this template for our Field Partner to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.

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
  • 1282
    View loans »
    Philippines Loans Fundraising
  • $56,280,875
    Funds lent in using Kiva
  • 45.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Joseph to purchase fertilizers such as manure, and to pay laborers to prepare his land.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 8, 2010
Listed
Jul 29, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2011