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Rene is 44 years old and married, with 2 children, 7 and 9 years old. He lives in Surallah, South Cotabato with his family.

Rene is a farmer who owns land in his town. He tills his land and prepares it well for cropping. Rene grows rice that he sells to his community. He usually earns about 3,000 PHP from his farming. Rene also owns a sari-sari (variety) store that his wife manages. They sell noodles, canned goods and other kinds of products. Rene says that the store helps the family with their daily needs.

Rene has requested a loan to purchase seeds, fertilizers and additional merchandise to sell. He is hopeful that this loan will help his businesses to grow.

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

  • $7,000
    Average annual income
  • 1268
    View loans »
    Philippines Loans Fundraising
  • $57,866,175
    Funds lent in using Kiva
  • 43.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Rene to purchase seeds, fertilizers and merchandise to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Mar 11, 2011
Mar 29, 2011
Currency Exchange Loss:
Sep 15, 2011