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Carlos
Carlos S. is from the town of Banga. He is 47 years old. Carlos is married. To make a living, Carlos owns and operates a business raising crops. While not the only means for generating revenue, the main source of income for the business comes primarily from planting and harvesting rice for sale. Carlos earns approximately 3,000 PHP from rice farming.

Carlos joined CEVI to gain access to financial services to help improve his living situation and ability to engage in business activities. Carlos has successfully repaid a previous loan from CEVI. Carlos is requesting a new loan of 10,000 PHP which will be used to purchase seeds and fertilizers. He plans to use the additional revenue generated from the business to improve his business.

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
  • 1401
    View loans »
    Philippines Loans Fundraising
  • $56,546,075
    Funds lent in using Kiva
  • 44.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Carlos to purchase seeds and fertilizers.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 7, 2011
Listed
Jan 23, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2011