Jehly B. just had her harvest recently during the time CEVI visited her. She is about to do land preparation in her farm. She is asking for a loan of PHP 12,000 to purchase crude oil, herbicides, and complete fertilizers. She hopes that with her loan she will have better harvest next time.
CEVI provides not just loans to clients. It also gives training and insurance coverage services.
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.