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Teofilo is a 46 year old married man and a father of four children from Ubay, Bohol. He earns a living through his tailoring shop.
Teofilo is asking for a loan to buy materials like thread, cloth and needles for sewing. With this, he will be able to accept orders and repairs from his customers, which helps increase his income.
Teofilo hopes to expand his business in the future and saves money for his children's schooling.

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
  • 1941
    View loans »
    Philippines Loans Fundraising
  • $61,100,300
    Funds lent in using Kiva
  • 41.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Teofilo to buy materials like thread, cloth, needles for sewing.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Nov 15, 2012
Dec 8, 2012
Currency Exchange Loss:
Jun 17, 2013