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Teofanes is a 39-year-old married man and a father to four children ages 4 to 14. He is from Garcia Hernandez, Bohol. For four years now, Teofanes has been engaged in a transportation business using his motorcycle (habal-habal). He also has been farming vegetables like eggplant and pechay (bok choy). He is asking for a loan to buy seedlings, fertilizer and pesticides for the farm. With this, he will be able to improve his farm and eventually his income. Teofanes has hopes of investing in other ventures someday to further augment his 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
  • 684
    View loans »
    Philippines Loans Fundraising
  • $63,141,900
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Teofanes to buy fertilizer, pesticides and seedlings.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Sep 20, 2013
Oct 1, 2013
Currency Exchange Loss:
Apr 17, 2014