A loan of $150 helped to purchase fertilizer and other farm supplies.

Anecito's story

Anecito E. is from the town of Surallah. He is 46 years old. Anecito is married and has 2 school-aged children. To make a living, Anecito 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. Anecito does his best to build his business.

Anecito joined CEVI to gain access to financial services to help improve his living situation and ability to engage in business activities. Anecito is requesting a new loan of 6000 PHP which will be used to purchase fertilizer and other farm supplies. This loan will be the first loan taken out by Anecito 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 over the 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.

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