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Luciano
Luciano is a 51-year-old married man from Talibon, Bohol. He is the father of a 22-year-old son. He runs a sari-sari (variety) store business. He sells various items including chips, candies, eggs, cooking oil, canned goods and beverages. He has been running a store for more than 10 years.

He requested a loan of 12,000 PHP to buy a sack of rice, gasoline and soft drinks to attract more customers with a wide variety of goods to choose from. Luciano hopes to expand his business to support his family and have a stable source of 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
  • 1461
    View loans »
    Philippines Loans Fundraising
  • $59,362,100
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Luciano to buy a sack of rice, gasoline and soft drinks.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 31, 2013
Listed
Aug 27, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 23, 2014