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Romel
Romel is a 30-year-old man from the town of Loboc, Bohol. He is a hard-working man who is engaged in raising hogs and providing transportation service with his motorcycle (habal-habal) for five years now.

Romel wants to expand his business and is asking for a loan of 6,000 PHP to buy piglets, feed and tires. Romel hopes that he will be able to sustain and continue to improve his business to better prepare his future.

He plans to expand his business and make it bigger for increased profitability.

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
  • 1396
    View loans »
    Philippines Loans Fundraising
  • $59,123,575
    Funds lent in using Kiva
  • 45.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Romel to buy piglets, feed and tires.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 29, 2014
Listed
Jan 29, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014