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Nilo
Nilo is a married man and a father of two children from San Miguel, Bohol. Nilo sells various household goods and materials to people in his area.

This is the source of his income. Nilo is asking for a loan to buy more stock of merchandise to sell like slippers, shoes, tupperware, and kitchenware. Through this loan, he will be able to improve his inventory, thus allowing him to cater to more buyers in his store. In the future, Nilo hopes of making his business a success. Moreover, he wants to save extra money for the schooling of his children.

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
  • 1289
    View loans »
    Philippines Loans Fundraising
  • $56,301,400
    Funds lent in using Kiva
  • 45.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Nilo to buy more stock of merchandise to sell like slippers, shoes, tupperware, and kitchenware.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 14, 2014
Listed
Jan 23, 2014
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014