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Roel owns and operates a tricycle business in Cortes, Bohol. He is married and has two children, ages 10 and 13. From the income he generates, he supports his family needs for food and pay school fees for his children. Roel is asking for a loan so he can better take care of his transportation business.

It will be used to buy spare parts and pay for vulcanization and engine maintenance. Once these are met, he will be assured of continued transportation service in his community, giving him a better chance of an income. His profit will be for tuition fees and healthy meals for his family.

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
  • 378
    View loans »
    Philippines Loans Fundraising
  • $66,137,075
    Funds lent in using Kiva
  • 44.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Roel to buy spare parts and pay for vulcanization and engine maintenance.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Dec 17, 2013
Dec 26, 2013
Currency Exchange Loss:
Jun 17, 2014