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Germie
Germie G. is from the town of Panglao. She is 48 years old. Germie is married and has 2 children. To make a living, Germie owns & operates a business venture in the services sector providing taxi services. While not the only means for generating revenue, the main source of income for the business comes primarily from operating tour van services. Germie has been engaged in her business for over 3 years.

Germie joined CEVI to gain access to financial services to help improve her living situation and ability to engage in business activities. Germie has successfully repaid a previous loan from CEVI. Germie and is requesting a new loan of 22,000 PHP which will be used to repair an existing vehicle for better service and to purchase tires. She plans to use the additional revenue generated from the business to improve her business.

Additional Information

More information about this loan

On Friday November 8, 2013, Super Typhoon Haiyan made its way through Southeast Asia, causing substantial damage to homes and businesses in areas of the Philippines. Given the state of devastation following this storm, borrowers living and working in these areas may have difficulty making repayments on their loans, thus making their Kiva loans higher risk. More 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

  • $1175
    Average annual income
  • 347
    View loans »
    Philippines Loans Fundraising
  • $50,930,575
    Funds lent in using Kiva
  • 43.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Germie to repair an existing vehicle and purchase tires to provide better service.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 30, 2010
Listed
Sep 28, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2011