Check out some available loans that are similar to this one!
Benito
Benito, a 60-year-old fisherman and seaweed farmer from the town of Ubay, Bohol, is a married father of 13. Benito is requesting a loan to buy seaweed seedlings, rope, etc., purchases that will enable him to improve his seaweed farming business and augment his income. Moreover, he wants to save money to reinvest in the same business and to repay his loan on time.

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
  • 1519
    View loans »
    Philippines Loans Fundraising
  • $59,194,375
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Benito to buy seaweed seedlings, rope, etc.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 14, 2013
Listed
Apr 15, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013