Jocelyn M. has a small farm. She is 42 years old and has 6 children. She lives in Sto. Nino, South Cotabato, a town of 36,228 people in 7,082 households. The most common type of livelihood there is farming, and some raise hogs and livestock. Her family has been engaged in farming for almost 20 years already.
She is requesting a loan of Php 6,000 from CEVI. She will use the loan to buy farm supplies like 4 sacks of rice seeds, 2 bags of Urea fertilizers, and pesticides. The loan will truly help Jocelyn achieve a better yield to support her family well.
CEVI helps local farmers to sustain and grow their business. CEVI gives their client not just credit, 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.