Wenifredo, 43, is a farmer with a poultry business in Norala, South Cotabato. He has three children to support. The income he receives from his business is quite enough to sustain his family. He is now requesting a loan of 15,000 Philippine pesos from Kiva's partner Community Economic Ventures, Inc., to buy feed for his chickens and supplies for his 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.