Emelita M. grows hybrid corn in their village. She is 44 years old and has five children in school. She and her husband, Abudio M., work very hard to sustain their family and provide for their daily needs. They never mind the labor of going to the field, working under the heat of the sun, and touching the wet soil, just to ensure enough food for their children.
Now, Emelita is requesting a loan of 7,000 PHP from Community Economic Ventures Inc. (the first Filipino MFI that obtained active status on Kiva). Emelita will use the loan to purchase hybrid corn seeds. The loan will truly help her increase her income.
CEVI aims to help small businesses grow. CEVI provides their clients with more than just loans. It also offers training and insurance coverage.