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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

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
  • 363
    View loans »
    Philippines Loans Fundraising
  • $52,140,475
    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
Jan 29, 2014
Jan 29, 2014
Currency Exchange Loss:
Oct 17, 2014