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Genaro
Genaro is a 44-year-old married man and a father of three children from Albur, Bohol. He is engaged in the kalamay-making business. Kalamay is a sweet and sticky delicacy that is known in the country, especially in the area of Bohol. It is made of ground glutinous rice and coconut milk.

Genaro is asking for a loan to buy ingredients for making kalamay, such as glutinous rice, coconut, sugar and peanuts. With this, he will be able to make more kalamay to sell in the market, thus increasing his sales and profits.

In the future, Genaro aims to expand his business and make it a success.

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
  • 1047
    View loans »
    Philippines Loans Fundraising
  • $57,699,900
    Funds lent in using Kiva
  • 41.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Genaro to buy ingredients for making kalamay, such as glutinous rice, coconut, sugar and peanuts.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2012
Listed
Nov 19, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013