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Cipriano
Cipriano is a 50-year-old married man and a father of three school-age children from Antequera, Bohol. He has been engaged in a tailoring business for more than 30 years now. This is the source of his income, which he uses for the needs and expenses of the family, especially for the schooling of his children.

Cipriano is asking for a loan to buy more materials for tailoring such as cloth, thread and needles and spare parts for the sewing machine, such as nuts and bolts. With these, he will be able to accept more repairs and cater to more customers, thus augmenting his income.

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

  • $7,000
    Average annual income
  • 1085
    View loans »
    Philippines Loans Fundraising
  • $57,777,750
    Funds lent in using Kiva
  • 41.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Cipriano to buy more materials for tailoring such as cloth, thread and needles and spare parts for the sewing machine, such as nuts and bolts.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2012
Listed
Nov 18, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013