Funded

Total loan: $175
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Federico


A loan of $175 helped to purchase fertilizers such as manure and other farm supplies.


Federico's story

47-year-old Federico M. is from the town of Sto. Nino. He is married and has 7 school-aged children. To make a living, Federico owns & operates a business venture in the agriculture sector raising crops. While not the only means for generating revenue, the main source of income for the business comes primarily from planting and harvesting rice for sale.

Federico joined CEVI to gain access to financial services to help improve his living situation and ability to engage in business activities. Federico has successfully repaid a previous loan from CEVI. Federico is requesting a new loan of 8000 PHP which will be used to purchase fertilizers such as manure and other farm supplies. This loan will be the second loan taken out by Federico from CEVI. He plans to use the additional revenue generated from the business to improve the general living conditions of his family.



Loan details

Loan length:

7 months
Repayment schedule: At end of term
Disbursed date: June 8, 2010
Facilitated by Field Partner: Community Economic Ventures, Inc. (CEVI), a partner of VisionFund International

Lenders and lending teams



Loan details

Loan length:

7 months
Repayment schedule: At end of term
Disbursed date: June 8, 2010
Facilitated by Field Partner: Community Economic Ventures, Inc. (CEVI), a partner of VisionFund International