Jenneby P., who is 52 years old with 10 children, owns a small parcel of land in Sto. Niño, South Cotabato. She grows rice to feed her family. She loves her work because she grew up in a farming family. Her parents, her husband, and her husband's parents are are also farmers. Together, they grow rice to support their family.
She is asking a CEVI loan of Php 10,000 to purchase four bags of Urea and other fertilizers to achieve maximum yield from her crops. She hope she will have more rice for her family and extra rice to sell to rice traders. Jennebby sells some of her harvest to rice traders to earn additional income for the family.
CEVI is helping Jennebby sustains her farm business. Through her business, she will be able to improve her children's schooling and potentially send her children to college. CEVI supports Jenneby to grow her business by giving her credit assistance, training 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.