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Benedicto is a 39-year-old, married man and a father of three children. He has been engaged in a motorcycle transport business for more than eight years now. This is the source of his income.

Benedicto is asking for a loan to buy spare wheel tires, nuts and bolts, and fuel for the motorcycle. With this loan, he will be able to improve and maintain the good working condition of the motorcycle. Benedicto also wants to save money to pay the educational expenses of his children.

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
  • 1434
    View loans »
    Philippines Loans Fundraising
  • $59,280,625
    Funds lent in using Kiva
  • 43.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Benedicto to buy spare wheel tires, nuts and bolts, and fuel for the motorcycle.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Jul 12, 2013
Aug 13, 2013
Currency Exchange Loss:
Jan 17, 2014