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Alexander
Alexander is a 45-year-old married man from Ubay, Bohol. He has two children. The eldest is 21 and the youngest is eight months old. He operates a bake shop business. He has been in this business for three years now. This is the source of his income. His wife is a teacher.

Alexander is requesting a loan to buy baking powder, soda, margarine, food coloring, sugar, and yeast. These are the ingredients to be used in baking bread. By the use of this loan, he will be able to buy this ingredients and start baking.
In the future, Alexander hopes to expand his business.

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
  • 339
    View loans »
    Philippines Loans Fundraising
  • $52,706,975
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Alexander to buy baking powder, soda, margarine, food coloring, sugar, and yeast.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 14, 2013
Listed
Mar 20, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013