She is asking a loan of Php 15,000 from CEVI, Kiva's partner. She will use the loan to buy additional materials for making baskets and merchandise for her store. The loan will truly help her attract more customers and grow her business more.
CEVI helps people start and have their own business. They provide all their clients not just credit assistance but also training and insurance coverage to help their small business to grow.
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