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Michael
Michael is a married man and the father of two children, from the town of Loboc, Bohol. He a jeepney driver. Jeepneys are a means of transportation in the Philippines. He is also in the motorcycle transport business and has a hog-raising venture. Michael is applying for a loan to buy feed for the pigs and to pay for repairs to the passenger truck and the motorcycle. With this loan, he will be able to improve his business and increase his income.

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
  • 1442
    View loans »
    Philippines Loans Fundraising
  • $59,259,575
    Funds lent in using Kiva
  • 40.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Michael to buy feed for his pigs and pay for the repair of his passenger truck and motorcycle.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 16, 2013
Listed
May 10, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013