For five years now Zenaida has worked hard in a mat weaving business. She is applying for a loan of 15,000 PHP through CEVI to buy materials like ink and fronds from the buri palm to increase her production.
In the future Zenaida hopes to buy a hog for a celebration feast and continue investing in her business for a better profit.
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.
You can show your support for CEVI by joining the Friends of CEVI Kiva Lending Team. Learn more by visiting the CEVI website.
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