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Jonilo
Jonilo A. is from the town of Talibon. He is 32 years old. Jonilo is married and has four children. To make a living, Jonilo operates a fishing boat to catch and sell assorted fish to the market. Jonilo has been engaged in fishing for two years now. He plans to grow hogs for fattening and sale.

Jonilo joined CEVI to gain access to financial services to help improve his living situation and ability to engage in business activities. Jonilo has successfully repaid a previous loan from CEVI. Jonilo is requesting a new loan of 9,000 Philippine pesos, which will be used to purchase a fishing boat. He plans to use the additional revenue generated from the business to improve the general living conditions of his family.

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
  • 1520
    View loans »
    Philippines Loans Fundraising
  • $59,096,650
    Funds lent in using Kiva
  • 45.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Jonilo to purchase a fishing boat.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 26, 2010
Listed
Aug 25, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2011