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Rudy
Rudy C. is from the town of Bunawan. He is 56 years old and married with five school-aged children. To make a living, Rudy owns and operates a business venture raising crops. The main source of income for the business comes from planting and harvesting rice and corn for sale.

Rudy joined CEVI to gain access to financial services to help improve his living situation and ability to engage in business activities. Rudy has successfully repaid a previous loan from CEVI. Rudy is requesting a new loan of 15000 PHP which will be used to purchase seedlings and fertilizers. This will be his sixth loan from CEVI. He plans to use the additional revenue generated to improve and expand his 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
  • 1499
    View loans »
    Philippines Loans Fundraising
  • $59,196,250
    Funds lent in using Kiva
  • 45.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Rudy to purchase seedlings and fertilizers.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Aug 10, 2010
Listed
Aug 28, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2011