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Teofilo is a 61-year-old married man from Bien Unido, Bohol. He has been engaged in a motorcycle transportation business for several years now. He transports passengers going from one place to another. He also owns a farm and grows different kinds of crops like rice and banana. Teofilo is asking for a loan to buy gasoline for the motorcycle and fertilizer for the crops. In the future, Teofilo hopes to make his business a success and save money for future use.

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
  • 724
    View loans »
    Philippines Loans Fundraising
  • $63,295,350
    Funds lent in using Kiva
  • 41.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Teofilo to buy gasoline for the motorcycle and fertilizer for the crops.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Oct 19, 2012
Nov 18, 2012
Currency Exchange Loss:
May 17, 2013