Luz G., who is 38 years old, is a rice grower from Norala, South Cotabato in Mindanao. She has two children, the eldest being 10 years old. They inspire her to work hard for her family. Currently, she tills a one-hectare farm that she hopes will provide her family enough income to buy their basic needs.
Luz is requesting a loan of PHP 15,000 from the Kiva field partner, Community Economic Ventures, Inc. She will use the loan to fund her farm by buying farming necessities. The loan is truly helpful since she doesn't have ready cash to support her business now.
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.