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Reynaldo
Reynaldo is a 39 year old man from Maribojoc, Bohol in the Philippines. He has been in the sari-sari (variety) store business for seventeen years. Reynaldo sells items like rice, corn, soft drinks, canned goods and coconut wine.

Reynaldo is requesting a loan of 18,000 PHP to buy more merchandise like rice, corn, canned goods, noodles and soft drinks. Reynaldo would like to expand his sari-sari store business to support his family.

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
  • 1515
    View loans »
    Philippines Loans Fundraising
  • $59,194,375
    Funds lent in using Kiva
  • 41.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Reynaldo to buy inventory items like rice, corn, soft drinks, and canned goods.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 13, 2012
Listed
Oct 16, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013