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Gelyn
Gelyn, age 27, runs a sari-sari (variety store) business. In her store, she sells a variety of items such as eggs, sugar, biscuits, coffee, seasonings, and canned goods.

Gelyn lives in Getafe, Bohol, with her husband and their children. They have a one-year-old baby and two older children, ages eight and nine.

In order to be able to restock her store with various necessary items, Gelyn has requested a loan in the amount of PhP 8,000. She will use her loan funds to buy condiments and soft drinks to offer for sale.

Gelyn hopes to expand her business so that she can provide her children with nutritious food and good living conditions.

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

  • $7,000
    Average annual income
  • 1262
    View loans »
    Philippines Loans Fundraising
  • $57,866,175
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Gelyn to buy items condiments and soft drinks to offer for sale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 14, 2013
Listed
Jul 17, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 20, 2013