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Felipe is a 53-year-old married man and a father of eight children from Bohol, Philippines. He has been a fisherman and a fish vendor for more than 30 years now. This is the source of his income.

Felipe is asking for a loan to buy more fish to sell and to pay the school fees of his children. With this, he will be able to enhance his catch thus giving him more fish to sell in the market.

In the future, Felipe hopes to make his fishing business a success and save money for the schooling of his children. Other revenue generated from the business will be used to reinvest in the same business.

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
  • 704
    View loans »
    Philippines Loans Fundraising
  • $63,241,750
    Funds lent in using Kiva
  • 40.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Felipe to buy more fish to sell and to pay the school fees of his children.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Dec 11, 2012
Jan 8, 2013
Currency Exchange Loss:
Jul 17, 2013