Evelyn, a 37-year-old married woman, raises hogs for a living. She has three children and her oldest child is now 18 years of age. One of the challenges she currently faces is her children’s education. School fees are increasing but she is determined to have them finish college. Her hog raising business is what her family depends on to provide their needs. She wants this business to prosper so she does her best to make it so. She requested a loan of PHP 5,000 from CEVI that she will use to buy additional piglets and feed for her hogs.
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.