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Dionesio
Dionesio M. is from the town of Sta. Josefa. He is 50 years old and married and the father of 6 school-age children. To make a living, Dionesio owns & operates a business venture in the agriculture sector raising crops. The main source of income for the business comes primarily from planting and harvesting rice for sale. Dionesio has been engaged in his business for over 12 years and earns approximately 2400 PHP a month for these activities.

Dionesio joined CEVI to gain access to financial services to help improve his living situation and ability to engage in business activities. Dionesio has successfully repaid a previous loan from CEVI. He is requesting a new loan of 6000 PHP which will be used to purchase seeds, fertilizer and other farm supplies. This loan will be the second loan taken out by Dionesio from CEVI. He plans to use the additional revenue generated from the business to pay the tuition fees of his children.

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
  • 353
    View loans »
    Philippines Loans Fundraising
  • $52,115,200
    Funds lent in using Kiva
  • 45.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Dionesio to purchase seeds, fertilizer and other farm supplies.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Aug 16, 2010
Listed
Aug 28, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2011