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Anacleto
Anacleto is a 55-year-old married man from Talibon, Bohol. He has 5 children. The oldest child is 23 while the younget is 8. He engages in fishing. He has been fishing for almost 10 years. He requested a loan of 23,000 PHP to buy fishing materials, such as fishing net, nylon and rope, to increase his catch and improve his earnings. In the future, Anacleto hopes that he can improve his fishing business to be successful so that he could provide his children with both good food and a quality education.

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
  • 346
    View loans »
    Philippines Loans Fundraising
  • $52,140,900
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Anacleto to buy fishing materials like fishing net, nylon and ropes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 31, 2013
Listed
Aug 26, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 22, 2014