Ruby S., 62 years old is a supplier of rice in their own village. She has a 1 and 3/4 hectare farm which she expects could prtovide her family an income to buy foods and other needs. From her experiences, she noticed that her farm is gaining always and she wanted to gain more from it buy to be able to supply more rice to her regular customers.
She would like to request a loan of Php 15,000 from Community Economic Ventures Inc. She will use the loan to finance her farm by buying the faming necesities to grow her harvest. In that way, she will be able to earn more and support the needs of her family.
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.