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Eulalio
Eulalio is a 57-year-old married man from Antequera, Bohol. He has 5 children. Four are adults and the youngest is 14 years old. He is engaged in a motorcycle transport business. He transports customers from one place to another for a certain fee. He has been operating his motorcycle transport business for 3 years.

He requested a loan of 4,000 PHP to buy tires, fuel and maintenance for the motorcycle. In the future, Eulalio would like to expand his business to have a sustainable livelihood and in preparation for his old age.

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
  • 1474
    View loans »
    Philippines Loans Fundraising
  • $59,157,225
    Funds lent in using Kiva
  • 40.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $100 helped Eulalio to buy tires, fuel and maintenance.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 14, 2013
Listed
Mar 3, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013