When Analyn B. bought a rice farm, she was confronted with big challenges in running the business: insufficient funds to run the business, more expenses at home and more priorities in their home. She always dreamed of having a sustainable business for her family, a business where she could realize the plans she has for her children.
She is requesting a loan of Php 15,000 from CEVI, a Kiva partner. She will use the loan to purchase a quart of Nominee herbicide and three sacks of Ammosul for fertilizing. The loan will truly help her increase their yield.
CEVI helps small business grow. CEVI provides their clients with not just loans, but also 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.