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Abraham
Abraham O. is from the town of Banga. He is 47 years old. Abraham is married and has three children aged 19, 17 and 11. To make a living, Abraham owns & operates a business planting and harvesting rice and corn for sale. Abraham has been engaged in farming for over 10 years and earns approximately 2,000 PHP a month for these activities. He also wants to raise pigs for fattening.

Abraham joined CEVI to gain access to financial services to help improve his living situation and ability to engage in business activities. Abraham has successfully repaid a previous loan from CEVI. Abraham is requesting a new loan of 8,000 PHP, which will be used to purchase fertilizers and two piglets. He plans to use the additional revenue generated from the business to improve the general living conditions of his family.

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
  • 301
    View loans »
    Philippines Loans Fundraising
  • $50,700,950
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Abraham to purchase fertilizers and two piglets.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 16, 2010
Listed
Sep 27, 2010
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2011