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50-year-old Romeo C. is a peddler of dried fish in Sto. Nino, South Cotabato. He has four children and all he wishes to do is provide all their needs and provide a brighter future for his family. He was once a collector in a bus company. However, he was tired of doing it everyday so he decided to quit his job and manage a dried-fish business instead.

Romeo would like to ask for loan of Php 14,000 from Community Economic Ventures Inc. (CEVI). He will use the loan to purchase more dried fish and chorizo (processed meat) for sale. His business is going so well, considering that he just started it in 2007. His income has gone far in paying for the school tuition and in buying groceries in their home.

CEVI helps him have additional capital in his business. He receives loans, training and insurance coverage.

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
  • 349
    View loans »
    Philippines Loans Fundraising
  • $70,667,525
    Funds lent in using Kiva
  • 48.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Romeo to purchase more dried fish and chorizo (processed meat) to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Jul 15, 2009
Aug 4, 2009
Currency Exchange Loss:
Dec 15, 2009