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Teofanes
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

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
  • 259
    View loans »
    Philippines Loans Fundraising
  • $52,856,025
    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
Monthly
Pre-Disbursed:
Sep 20, 2013
Listed
Oct 1, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2014