Nancy A. manages a small rice farm. She has been doing this since she married Orlando A., who also makes a living as a farmer. Together, they have two children. To date, planting rice and vegetables have helped to sustain their livelihoods.
She is frequesting a loan worth Php 7,000. She will use the loan to buy fertilizers and rice seeds. This loan will provide much assistance to her in order for them to grow their business. It will also help increase their income as well.
Nancy has chosen CEVI for its various services. Aside from loans, all CEVI clients have had the chance to participate in trainings and insurance coverage services.
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.