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29-year-old Ruel has been a fisherman for 6 years. He is married and has 4 children, aged between 2 and 8. Ruel earns 9000 PHP each month from fishing. Ruel works hard to improve his business and provide for his family.

Ruel has requested a loan to repair his fishing boat and purchase fishing nets. Ruel hopes to have a stable income to be able to save for his children's education.

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
  • 758
    View loans »
    Philippines Loans Fundraising
  • $63,325,000
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Ruel to repair his fishing boat and purchase fishing nets.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Nov 2, 2011
Nov 22, 2011
Currency Exchange Loss:
May 15, 2012