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Teofie is a 39-year-old married man and the father of a nine-year-old daughter. They live in Cortes, Bohol, Philippines. Teofie is a candlemaker and has been in the business for more than two years. He is also engaged in hog-raising ventures.
Teofie is asking for a loan to buy materials for making candles, such as wax, yarn and thread, as well as additional feed for the pigs. With this loan, he will be able to improve his business and augment his income. Teofie dreams of making his business a success in the future.

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

  • $1175
    Average annual income
  • 343
    View loans »
    Philippines Loans Fundraising
  • $52,187,100
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Teofie to buy materials for making candles, such as wax, yarn and thread, as well as additional feed for his pigs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jan 10, 2013
Jan 22, 2013
Currency Exchange Loss:
Jul 17, 2013