Jeanelyn, 33 years old, is a rice farmer. She also raises pigs in her village. She has been able to earn income from her small farm and piggery which she uses to supply her family with food, clothing and other basic needs. She would like to apply for a loan of 15,000 Philippine pesos (PHP) from Community Economic Ventures, Inc. She will use the loan to fund her farm and buy farming necessities. The loan will also help a lot in buying additional piglets and feed.
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.