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Timoteo
Timoteo is a 41-year-old married man and a father of six young children from Talibon, Bohol, Philippines. He is engaged in numerous businesses like hog raising, farming and motorcycle transport. These are the sources of his daily income which he uses to meet the needs of the family and the schooling of his children.
Timoteo is in need of additional capital to expand his business. He is requesting for a loan of 10000 PHP to buy feed for the pigs, fertilizer for the farm and fuel for the motorcycle. Through this loan, he will be able to reach his dream of improving his ventures. Moreover, he wants to keep sending his children to school for better learning and a bright future.

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
  • 1463
    View loans »
    Philippines Loans Fundraising
  • $59,150,875
    Funds lent in using Kiva
  • 41.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Timoteo to buy feed for the pigs, fertilizer for the farm and fuel for the motorcycle.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 28, 2012
Listed
Sep 27, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013