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Restituto is a 49-year-old married man from Cortes, Bohol, Philippines. He weaves baskets and sells them to the market. Also, he is engaged in buying and selling of firewood. These are the sources of his income.

Restituto is requesting a loan of 8,000 PHP to buy materials for basket weaving, such as buri, and to buy firewood. In the future, Restituto hopes to expand his business to generate more income.

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
  • 389
    View loans »
    Philippines Loans Fundraising
  • $70,797,850
    Funds lent in using Kiva
  • 42.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Restituto to buy materials for basket weaving, such as buri, and to buy firewood.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Sep 18, 2012
Oct 6, 2012
Currency Exchange Loss:
Apr 17, 2013