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Timoteo
Timoteo is married and has six children. He is from Talibon, Bohol. He operates a hog raising business, which he has been doing for more than 20 years.

Timoteo requested a loan, which he will use to buy additional piglets to raise. With this loan, he will be able to improve the productivity of his hog raising business thus augmenting his yield and income. In the future, Timoteo hopes to expand his business so that it will generate more revenue necessary for the needs of the family especially 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.

Tags

About Philippines

  • $7,000
    Average annual income
  • 1277
    View loans »
    Philippines Loans Fundraising
  • $57,860,075
    Funds lent in using Kiva
  • 44.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Timoteo to purchase additional piglets to raise.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 11, 2014
Listed
Apr 4, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014