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Mario
Mario is 27 years old from Trinidad, Bohol. He is married with two children aged five and seven. Mario has been farming rice to support his family for five years now. He works hard in his farm in order to produce a better yield. He is asking for a loan of 8000 PHP to buy fertilizer for his farm. Mario knows that a good harvest could also be attributed to fertilizer and the loan will be such a big help for his farming business.

His income will then be used for his family's food consumption and school fees of his children.

In the future, he hopes to have a bigger farm to manage and to become sustainable in his business.

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.

Tags

About Philippines

  • $1175
    Average annual income
  • 275
    View loans »
    Philippines Loans Fundraising
  • $52,815,175
    Funds lent in using Kiva
  • 44.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Mario to buy fertilizer.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 14, 2013
Listed
Sep 14, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 23, 2014