Jou-ann, 21, is the young mother of a one-year-old. She has been married to her husband, Melchor, for three years. She is a rice farmer and is happy that her rice crops are now flowering. She needs supplies for her farm to ensure her crops will be healthy and will produce a good harvest. She applied to loan 12,000 PHP form CEVI. This loan will help Jou-Ann fund her farm.
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.