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Cornelio
Cornelio is a 40-year-old, married man, and the father of nine children. He has been engaged in a fishing business for more than 25 years. This is the source of his income.

Cornelio is asking for a loan, which he will use to buy fishing nets, lead weights, fish hooks, and fuel for the boat. With this, Cornelio will be able to improve his fishing business, augmenting his catch and income. In the future, Cornelio has high hopes of making his business a success and sustainable.

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
  • 1448
    View loans »
    Philippines Loans Fundraising
  • $59,289,200
    Funds lent in using Kiva
  • 40.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Cornelio to buy fishing nets, lead weights, fish hooks and fuel for the boat.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 12, 2013
Listed
Mar 29, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013