Rea, 23 years old, is a pig farmer. She has one child. Her piggery is their only livelihood. The income she makes from raising pigs helps her family buy adequate food, clothing and other basic needs. She would like a loan of 12,000 Philippine pesos from Community Economic Ventures, Inc. She will use the loan to buy 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.