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Bienvenido
Bienvenido is a 52-year-old married man with three children. He lives in the town of Talibon, Bohol with his family. He has had a tricycle business for eight years now. He earns 5,000 PHP per month transporting people around his community. Bienvenido works hard to provide for his family and to send his children to school. He requested this loan to purchase tricycle spare parts and tires and to pay for repairs. He hopes for his income to increase and 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
  • 971
    View loans »
    Philippines Loans Fundraising
  • $53,516,825
    Funds lent in using Kiva
  • 43.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Bienvenido to purchase tricycle spare parts and tires and to pay for repairs.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 18, 2012
Listed
May 28, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012