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Cresnado
Cresnado is a 35 year old fisherman from the town of CPG, Bohol. He is a married man and has two young children. Cresnado has been in the fishing business for more than 5 years now. This is the source of his income. Cresnado is asking for a loan to buy fishing nets, lead weights, hooks and others. With this, he will be able to improve his catch thus giving him more fish to sell in the market. Cresnado hopes of saving money for future schooling of his children 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
  • 1470
    View loans »
    Philippines Loans Fundraising
  • $59,150,875
    Funds lent in using Kiva
  • 41.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Cresnado to buy fishing nets, lead weights, hooks and others.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2013
Listed
May 29, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014