Emelyn G. is from the town of Sta. Josefa. She is 36 years-old and married with five school-aged children. To make a living, Emelyn owns and operates a business in the agriculture sector raising crops. While not the only means for generating revenue, the main source of income for the business comes from planting and harvesting rice for sale. Emelyn has been engaged in her business for over 14 years. She says the reason she works hard is for her family to have nutritious food on the table and to provide for their other needs.
Emelyn joined Kiva partner CEVI to gain access to financial services to help improve her living situation and ability to engage in business activities. Emelyn has successfully repaid a previous loan from CEVI. Emelyn is requesting a new loan of 15,000 PHP which will be used to purchase additional seeds, seedlings and fertilizers. This loan will be the eighth loan taken out by Emelyn from CEVI. She plans to use the additional revenue generated from the business to supplement her family income.
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.