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“I am the provider for all of my family's needs. I want to build a good future for them and let them live a happier life,” says Romulo S., a 46-year-old father from Trento, Agusan Del Sur. His wife is a dressmaker and has always been supportive of him in his decision to be the head of the family.

With 12 years of experience as a craftsman, Romulo decided to start his own business. He shapes metals and manufactures tools used in gardening like bolos, shovels, etc. He needs a loan of $125 to purchase materials for molding metals.

CEVI gives Romulo the chance to grow his business. His participation in the CEVI credit program gives him access to credit assistance, training, and insurance coverage, which CEVI offers to all of their clients.

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
  • 365
    View loans »
    Philippines Loans Fundraising
  • $66,132,425
    Funds lent in using Kiva
  • 49.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Romulo purchase materials such as charcoal, wood, and steel for making garden tools.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Dec 3, 2008
Dec 19, 2008
Currency Exchange Loss:
Apr 15, 2009