Editha B., 48 years-old, owns a small rice farm. Aside from the farm, she also has a small piggery and sari-sari (general) store. These help her buy the things which her family needs such as food, clothes and other basic necessities. She says that, if she doesn't work hard on her farm, she won't be able to support her family. Now, she is having difficulty in maintaining her one-hectare farm because of financial constraints in the family. She would like to apply for a loan of Php 5,000 from Kiva partner Community Economic Ventures Inc. She will use the loan to buy fertilizers and farm supplies.
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.