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.
More information about this loan
On Friday November 8, 2013, Super Typhoon Haiyan made its way through Southeast Asia, causing substantial damage to homes and businesses in areas of the Philippines. Given the state of devastation following this storm, borrowers living and working in these areas may have difficulty making repayments on their loans, thus making their Kiva loans higher risk. More information >>
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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Success!! The loan was 100% repaid