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Teodoro
For fifteen years now, Teodoro has been engaged in rice farming and buying and selling herbal products in the town of Trinidad, Bohol. He is 43 years old and married. Teodoro would like to ask for a loan to buy farm supplies, like fertilizer and insecticides, as well as herbal products. This will help so he can produce a better yield on his crops and make a good income out of his hard work. His harvest will also provide food for his family’s consumption. A loan will make a difference in his farming and direct-selling business.

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
  • 1341
    View loans »
    Philippines Loans Fundraising
  • $56,542,450
    Funds lent in using Kiva
  • 42.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Teodoro to buy farm supplies, like fertilizer and insecticides, as well as herbal products.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 1, 2012
Listed
Jun 23, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012