Lilia is a 47-year-old married woman. She has four children with the oldest 28 years-old. She resides in a town in Agusan Del Sur. She farms rice for a living. She currently owns a two hectare rice field. According to her, the farm needs additional capital. She joined Kiva partner CEVI and applied for a loan of Php 14,000 which she will use to buy seeds, fertilizers and other farm supplies. This loan will be helpful to Lilia as she aims to grow her farm considerably.
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.