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Rolando is a fisherman from the town of Getafe, Bohol, and has been in the fishing business for 18 years now.

Rolando is married and works hard in order to provide support to his family, especially for the schooling of his children. He is asking for a loan to buy to buy new fishing nets, lead weights, hooks, and fuel for the boat. With a loan, Rolando will be able to improve his business like increasing his daily catch thus giving him more fish to sell in the market. Rolando dreams of expanding his venture so that it will generate more income which he will use for the needs and expenses of his family.

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

  • $7,000
    Average annual income
  • 1102
    View loans »
    Philippines Loans Fundraising
  • $57,635,625
    Funds lent in using Kiva
  • 40.8
    Philippines Pesos (PHP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,225 helped Rolando to buy new fishing nets, lead weights, hooks, and fuel for his boat.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Mar 15, 2013
Apr 6, 2013
Currency Exchange Loss:
May 22, 2014