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Jerecson is 23 years old and has been engaged in fishing in the town of Talibon, Bohol for four years now. Jerecson is a married man with two children ages three and five. It is his dream to continue his business and even improve it for a bigger income.

Jerecson also plans to renovate his house and is requesting for a loan to buy wood, nails and pay for labor. He knows that his family deserves a comfortable place to stay and he is confident that his income from fishing will allow him to pay for their needs.

In the future, he would like to send his children to school.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Philippines

  • $7,000
    Average annual income
  • 1062
    View loans »
    Philippines Loans Fundraising
  • $63,443,175
    Funds lent in using Kiva
  • 44.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Jerecson to buy wood, nails and pay for labor.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Feb 4, 2014
Feb 19, 2014
Currency Exchange Loss:
Aug 17, 2014