Funded

Total loan: $150
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Maximino


A loan of $150 helped to purchase fertilizers such as manure.


Maximino's story

Maximino R. is from the town of Trinidad. He is 46 years old, married and has 5 school-aged children. To make a living, Maximino owns and operates a business planting and harvesting fruits and vegetables for sale. Maximino is just starting this business.

Maximino joined CEVI to gain access to financial services to help improve his living situation and ability to engage in business activities. Maximino is requesting a new loan of 6,000 PHP which will be used to purchase fertilizers such as manure. This loan will be the first loan taken out by Maximino from CEVI.

He plans to use the additional revenue generated from the business to pay the tuition fees of his children.

About CEVI: Community Economic Ventures, Inc (CEVI) has increased its portfolio significantly in recent years. Based in Bohol, they have numerous branches throughout the Philippines. In 2009, CEVI was awarded a CGAP silver award for transparency in social performance monitoring. CEVI not only provides credit for its clients but, additionally, savings, insurance, and training which are provided through regular cluster group meetings.

*Note: To maximize efficiency and reduce costs, this loan was posted using a template to automate the translation by Kiva. Given that manual translation of entrepreneur profiles is costly, Kiva created this template for our Field Partner to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.



Loan details

Loan length:

7 months
Disbursed date: September 6, 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
Disbursed date: September 6, 2010
Facilitated by Field Partner: Community Economic Ventures, Inc. (CEVI), a partner of VisionFund International