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Genaro
Genaro is a 44-year-old married man from Albur, Bohol. He has three children. The eldest is 22 and the youngest is 13 years old. He engages in making calamay, a sticky sweet delicacy. He has been in this business for 25 years. He earns 10,000 PHP each month. This is the source of his income.
Genaro is requesting a loan to buy two sacks of glutinous rice, sugar, and a plastic box. These are the ingredients that are used in making calamay. The plastic box is used to store the calamay. In the future, Genaro hopes to expand his business. He wants to send his children to school. He is also hoping for a better life.

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
  • 386
    View loans »
    Philippines Loans Fundraising
  • $50,847,100
    Funds lent in using Kiva
  • 40.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Genaro to buy two sacks of glutinous rice, sugar and a plastic box.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 14, 2013
Listed
Mar 3, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013