Josephine V., 24, is a rice farmer. Her husband works in a bakery and was assigned to delivery. The income she makes from her farm is really helpful in ensuring the supply of food for their family. She really would like to grow her harvest but needs a small amount of money to buy all the farming necessities like fertilizers and farm supplies. She would like to apply for a loan of 6,000 Philippine pesos from Community Economic Ventures, Inc., a Kiva partner. The loan will mean growing her harvest.
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.