Emee D. owns a small rice field in her village. Her family truly depends on it. Her harvest is what she uses to feed her family. Now that she is 30 years old, she wants to expand her farm and achieve better rice yield in the next harvest season. Her husband, Jenulito, manages their farm. Aside from planting rice, they grow vegetables. Emee waters them everyday and sells fruit to buy goods for their other needs.
She is asking a loan of Php 14,000 from CEVI. She will use the loan to buy fertilizer for her farm. The loan will be a big help in increasing her yield. In this way, she could pay the school and book fees her children need.
CEVI gives Emee credit assistance for her farm business. They provide training and insurance coverage to all their clients.
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.