Marvin P. lives in Sto. Nino, South Cotabato. He is a farmer whose main crop is rice. He grows and sells rice so that he can provide whatever his family needs. He also manages a small sari-sari store. He started his business in 2009 and would now like to grow it. He is requesting a loan of 6,000 PHP from Kiva partner, Community Economic Ventures, Inc. (CEVI). He will use the loan to buy additional merchandise for his sari-sari store. He likes CEVI's service because it is very affordable.
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.