Ma. Cynthia R. grows rice for a living. She is a widow already and now it’s only her two children helping her to manage and run their business.
Cynthia needs additional capital to buy the fertilizers and chemicals needed to grow their harvest. The two-hectare (5-acre) farm that she tills is what has kept their family sustained up until now.
CEVI helps small businesses grow. It provides its clients with not just loans but 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.