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Michael
Michael is a farmer who tills a plot of land in Bunawan, Agusan Del Sur. He primarily grows rice crops to sell to the market. He plans to use his loan to purchase seeds, fertilizers and other farm inputs.

Michael is married and has children. He works hard to provide for his family. In the future, he hopes to see his children finish college and have bright futures.

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
  • 377
    View loans »
    Philippines Loans Fundraising
  • $50,744,100
    Funds lent in using Kiva
  • 42.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Michael to purchase seeds, fertilizers and other farm inputs.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 25, 2011
Listed
May 3, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 22, 2011