Noe L. is 43 years old and has one child. He started his rice farm business in 1988 and he owns the land that he tills. The income that Noe gets from his business goes towards the needs of his family. He works very hard to provide for all his family's needs. Lately, he has been inspired by other clients of Kiva partner, Community Economic Ventures, Inc. (CEVI) who have succeeded in their businesses. Noe is requesting a loan of 15,000 PHP from CEVI. He will use the loan to buy farm supplies to increase his harvest.
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.