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Bernie
Bernie has been operating a computer shop for three years now. Aside from that, he also tills a rice farm and his wife also helps him with a hog-raising business. They have a 2-year-old son. His family lives in Surallah, South Cotabato.

Thinking ahead, he dreams to maximize his profit in these businesses. He applied for a loan in order to purchase farm inputs and increase the number of hogs that he is currently raising. He wants to buy additional piglets and stocks of pig feed. This way, if he can save enough profits, he can use it to reinvest in other business opportunities. Any income generated will be used for his son’s future education and investment in other business options.

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
  • 1099
    View loans »
    Philippines Loans Fundraising
  • $54,720,425
    Funds lent in using Kiva
  • 43.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Bernie farm supplies and additional piglets and feeds.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 20, 2010
Listed
Sep 29, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2011