Rannie maintains a rice field in Norala, South Cotabato. He is 35 years old with a child to support. His farm is his main resource for making a living. He works hard so that he can fulfill his family's financial needs. He joined Kiva partner Community Economic Ventures, Inc. and asked for financial support for his business. He has requested a loan of PHP 12,000 to purchase fertilizer and seeds for the farm.
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.