Crisologia has a business catching crabs. She started this business in 1992. She has five children and her eldest is 21 years-old. One of her dreams is to have her children finish their schooling.
She is requesting a loan of 19,000 from Kiva partner Community Economic Ventures, Inc. to have additional capital for her business. What she likes in CEVI is that the loans have low interest and there are only 20 weeks of repayment.
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.