Liza D. is a rice grower. She tills and cultivates their small parcel of land, feeling the heat of the sun and touching the wet soil to provide for the needs of her family. Liza is 47 years old and has three children; one is in high school and the other two are still in elementary school. She and her husband work very hard to have quality harvests for the future of their children.
She is requesting a CEVI loan of PHP 12,000. Liza will use the loan to buy four sacks of urea and two sacks of triple 14 fertilizers. The loan will truly help make their farm more fertile. In this way, Liza believes that she will have better harvests, and thus, better sales.
CEVI provides Liza not only with credit assistance, but also trainings and insurance coverage.
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.