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Nilo
Nilo is a 51-year-old married man from Trinidad, Bohol. He is a fisherman. Nilo catches fish to sell to his community. He also farms seaweed to sell. Nilo works hard to improve his income of 4000 PHP per month. He applied for a loan to purchase seaweed and fishing nets. Nilo hopes to elevate his family's standard of living. He also dreams for his children to 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
  • 998
    View loans »
    Philippines Loans Fundraising
  • $54,488,350
    Funds lent in using Kiva
  • 43.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Nilo to purchase seaweed and fishing nets.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 29, 2012
Listed
Mar 30, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012