Leonora D., 60 years old, is a rice farmer in Norala, South Cotabatoo in Mindanao. She has six children that are married already. Currently, she only has 1 and 1/2 hectare rice foeld which she hopes would give her family enough income to buy food, clothing and oter basic needs.
Now, she would like to request a loan of Php 15,000 from Community Economic Ventures Inc. She will use the loan to grow her rice plant healthy by buying the farming necessities. The loan is truly helpful for her to be able to obtain maximum harvest.
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.