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Avelino
Avelino C. is from the town of Sto. Niño. He is 60 years old. Avelino is married and has 1 child. He is a rice farmer and supports his family through farming. His wife helps him sell his harvest to the market. Avelino says he wants to improve his earnings so he can keep up with the increasing needs in his household.

Avelino joined CEVI to gain access to financial services to help improve his living situation and ability to engage in business activities. Avelino is requesting a loan of 15,000 PHP, which will be used to purchase fertilizers, such as manure. 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
  • 1513
    View loans »
    Philippines Loans Fundraising
  • $59,194,375
    Funds lent in using Kiva
  • 43.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Avelino to purchase fertilizers, such as manure.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 8, 2010
Listed
Nov 17, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2011