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Juan
Juan is a fisherman from the town of Ubay, Bohol. He is a married man and a father of four children. Juan has been in the fishing business for more than 10 years now. This is the source of his income.

Juan needs a loan for his fishing business. He is asking for a loan worth 10,000 PHP (Philippines pesos) to buy fishing nets, lead weights and hooks. With this loan, he will be able to improve his catch, thus giving him more fish to sell in the market.

Juan dreams of expanding his business and making it a success and a stable source of his income. Moreover, he wants to save money for the schooling of his children and to repay his loan on time.

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
  • 340
    View loans »
    Philippines Loans Fundraising
  • $52,188,500
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Juan to buy fishing nets, lead weights and hooks.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 24, 2013
Listed
Oct 10, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2014