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Gelasia
Gelasia is a 61-year-old married woman and a mother of 12 grown up children. She is from Bohol, Philippines. She has owned a tricycle transportation business for more than six years now. This provides her the income that she needs for their sustenance.

Gelasia has been a member of CEVI for several years now. She likes the services offered by the organization because it really helped her in improving her livelihood. As of now, she is requesting a new loan worth 18,000 PHP to buy spare parts and fuel for the tricycle. With this, the working condition of the vehicle will be revived to its normal condition.

Gelasia believes that if she will be provided with financial support through a loan, she will be able to improve their standard of living.

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
  • 1286
    View loans »
    Philippines Loans Fundraising
  • $56,263,100
    Funds lent in using Kiva
  • 42.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Gelasia to buy spare parts and fuel for her motorcycle.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 7, 2012
Listed
Aug 25, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013