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Juan
Juan is married and the father of seven children. He is a fisherman and seaweed farmer from the town of Getafe, Bohol.


Juan wanted to upgrade his business but lacked the financial resources to do so. He is now applying for a 50,000 PHP loan from CEVI to buy more seaweed seedlings, fish nets, hooks and buckets. With these, he will be able to improve his fishing and seaweed farming business, thus augmenting his yield and profits.


Juan’s ambition is to sustain his business and ensure its success.

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
  • 281
    View loans »
    Philippines Loans Fundraising
  • $52,221,600
    Funds lent in using Kiva
  • 41.0
    Philippines Pesos (PHP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,225 helped Juan to buy more seaweed seedlings, fish nets, hooks and buckets.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 15, 2013
Listed
Apr 6, 2013
Currency Exchange Loss:
Possible
Ended:
May 22, 2014