Genelyn says she learned the value of savings when she joined CEVI. She is a 44-year-old rice grower from Agusan Del Sur. She is married and has eight children. She has been growing rice for quite a while. The farm provides income for her household. She wants it to grow so her income will improve and her family’s needs will be met. She applied for a loan of 14,000 Philippine pesos from CEVI. The loan will go for farm supplies like seeds and fertilizers.
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.