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Reynaldo is a 39-year-old single man from Maribojoc, Bohol. He operates a variety store in the community. He sells basic commodities like noodles, rice, condiments, beverages, toiletries and soft drinks. He has been operating a variety store business for 18 years. He requested a loan of 21,000 PHP to buy more items such as rice, soft drinks and other groceries. In the future, Reynaldo would like to expand his business into a big grocery store.

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
  • 338
    View loans »
    Philippines Loans Fundraising
  • $65,975,825
    Funds lent in using Kiva
  • 40.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Reynaldo to buy more items such as rice, soft drinks and other groceries.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Feb 19, 2013
Mar 3, 2013
Currency Exchange Loss:
Sep 17, 2013