Jowena C., 31, lives with her husband of five years. She has a hectare of rice field to cultivate. Like other farmers, she needs financing to help grow her farm. That’s why she stayed with CEVI and is now on her second year with the MFI. Now she is requesting for a loan of 15,000 PHP. She will use the loan for farm supplies.
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.