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Nilo
Nilo makes a living growing rice. He tills his own land situated in the town of Sto. Niño, South Cotabato and sells his harvest to his community. Nilo works hard to provide for his family. His 3 children go to school and he aims for them to finish college and have bright futures.

Nilo joined CEVI to gain access to financial services to help improve his living situation and ability to engage in business activities. Nilo has successfully repaid a previous loan from CEVI. He is requesting a new loan of 17,000 PHP which will be used to purchase fertilizers such as manure.

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
  • 262
    View loans »
    Philippines Loans Fundraising
  • $53,177,800
    Funds lent in using Kiva
  • 43.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Nilo to purchase fertilizers such as manure.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 18, 2011
Listed
Feb 24, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2011