CEVI’s Microfinance products and services are well tailored for the poor. Aside from offering financial services, CEVI also aims to conduct other activities that have a lasting impact in the lives of people in poor communities.
CEVI has 9 different loan products with 3 major categories: 1) Business Loans, 2) Agriculture Loans and 3) Recovery Loans. All of these products intend to impact children indirectly by providing opportunities to parents to start and grow a business to sustain the needs of their children. Most of the loans disbursed by CEVI are business loans amounting to over 68% of its clients and 54% of its loan portfolio.
- Yaman 2 Loan – small-scale economic activities
- Crop Loan – rice and corn production
- Bangon Loan – livelihood recovery loan
- Babe Loan – hog fattening, sow and boar, feeds and supplements
- Asenso Loan – developed entrepreneurs
- WASH Loan - access to safe water, sanitation and health
Aside from offering financial services, CEVI also aims to conduct other activities that have a lasting impact in the lives of people in poor communities. Impacting children through microfinance services is one of the main intentions of the loan products provided to clients. Impact is being measured through the child well-being outcomes with sample clients.
Clients receive development training like leadership training and financial literacy training utilizing contextualized FinLit modules from Freedom from Hunger.
CEVI has been working together with World Vision in training beneficiaries on financial literacy, particularly on business management and savings with CEVI as the facilitator.