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Jovencio
Jovencio is a motorcycle driver, the business locally known as 'habal-habal'. He lives with his family in the town of San Miguel, Bohol. Jovencio has used his motorcycle to transport passengers from one place to another.

Jovencio is asking for a loan to buy spare parts for the motorcycle, such as wheels, tires, chains, nuts, and bolts. With this loan, he will be able to maintain and improve the working condition of his motorcycle.

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
  • 430
    View loans »
    Philippines Loans Fundraising
  • $70,831,400
    Funds lent in using Kiva
  • 43.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Jovencio to buy spare parts for the motorcycle, such as wheels, tires, chains, nuts, and bolts.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 20, 2013
Listed
Oct 24, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 23, 2014