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Venerando
Venerando is a fisherman from the town of Bien Undido, Bohol. He has been a fisherman for 32 years. He is married with eight children aged three to 23. He works hard to provide for his family's needs.

He is asking for a loan to buy a new engine for his fishing boat. This will guarantee to Venerando that his fishing activity will be smooth and always productive. His income will support the needs of his family for things such as food and school fees. In the future, he hopes to make a bigger business out of fishing to better provide for his family.

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
  • 959
    View loans »
    Philippines Loans Fundraising
  • $53,430,325
    Funds lent in using Kiva
  • 41.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Venerando to buy a boat engine.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 17, 2012
Listed
Sep 16, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013