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Gemma
Gemma is a 27-year-old resident of Bohol, Philippines. She has two young children. She is in the food vending business, selling snack foods to the people in their place. Her husband is a fisherman.

She is in need of additional capital for their businesses. She is asking for a loan worth 5000 PHP to buy new fishing nets for fishing and ingredients for food vending.

In the future, Gemma wants to see her business become sustainable and progressive.

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
  • 1142
    View loans »
    Philippines Loans Fundraising
  • $54,566,475
    Funds lent in using Kiva
  • 42.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Gemma to buy new fishing nets for fishing and ingredients for food vending.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 17, 2012
Listed
Sep 5, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013