Ejerose L. is a 22-year-old rice grower in Veruela Agusan del Sur, in Mindanao. She has two children. Her eldest is three and ready to go to preschool next year. Currently, her family tills a 1-hectare farm which she expects to help support their needs like food, clothing and medicines. Aside from her income from growing rice, she also tried selling food items in school as a way to augment their family income.
She is asking for a loan of PHP 6,000 from the Kiva field partner, Community Economic Ventures Inc. She will use the loan to pay for the equipment that she rented and the laborers that helped on her farm during land preparation.
She said that she likes the program of CEVI a lot because it really helps many farmers like herself have access to funds to sustain their livelihood.
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.