Evelyn, 46, is a married woman with a 7-year-old child. She lives on rice farming, just like her parents. She first learned farming from them. Now that she has her own family, she keeps herself strong and healthy to be able to complete the hard work required at the farm.
She wants to double her harvest. To achieve her goal, she applied for a loan of 8,000 Philippine pesos from CEVI, to help her finance her farm. With this loan, Evelyn will be able to buy farm supplies like seeds, fertilizers and other items.
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.