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Teofie is a 39-year-old married man from Cortes, Bohol. A father of a 9-year-old daughter, he is engaged in a candle-making business. He has been in this business for 2 years. Aside from making candles, he also raises hogs. Teofie requested a loan of 7,000 PHP to buy materials for candle-making, like wax, bamboo sticks and thread, and to buy feed for the pigs. In the future, Teofie would like to expand his business to support his family.

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
  • 1598
    View loans »
    Philippines Loans Fundraising
  • $60,711,600
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Teofie to buy materials for candle making, like wax, bamboo sticks and thread, and also feed for the pigs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jan 10, 2013
Jan 28, 2013
Currency Exchange Loss:
Jul 17, 2013