Elwarth T. is from the town of Banga. He is married. To make a living, Elwarth owns and operates a business venture in the agriculture sector planting and harvesting corn for sale. Elwarth wants to be able to provide for all his family's needs. He hopes his business will become stable.
Elwarth joined Kiva partner, CEVI, to gain access to financial services to help improve his living situation and ability to engage in business activities. He has successfully repaid a previous loan from CEVI. Elwarth is requesting a new loan of 8,000 PHP, which will be used to purchase herbicides and fertilizers.
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.