Landy A. is a farmer. He grows rice to support his family. He is 49 years old and has 2 children. He is worried about getting money to sustain his 2 hectare farm business. His wife, Jerlyn A., supports him in all his decisions. Together, they work hard to raise their children well. He has been tilling the land for 15 years. Aside from being a farmer, he was also elected as a Brgy. councilor. He consequently serves the community for a 3 year term.
He is asking a loan of Php 10,000 from CEVI. He will use the loan to buy more fertilizer. The loan will allow him to have an abundant harvest.
CEVI helps farmers increase their yield. CEVI clients engaged in farming are also given 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.