Luzviminda B. is 41 years and has one child. She started tilling her one-hectare farm in 1999. This farm allows her to meet the needs of her family. As a mother, she works hard because she wants to give her family the best possible life. Her goal is to expand the size of her farm so that she can earn more money and send her children to college. She is seeking a loan the loan to buy oil, fertilizer and seeds. The loan will help her improve her harvest and increase income. CEVI is reaching out to a lot of people who want to start their own business, and provides them not just with loans but with training and insurance coverage as well.
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.