53-year-old Edna borrows money from Community Economic Ventures, Inc. to support her sari-sari store and 1-hectare rice field. She joined CEVI in August 2008 and her business is growing. This time she needs to purchase groceries and farm inputs. She requested a loan of 15,000 Php to use for the needs of her businesses. This will really help her in making progress with her businesses.
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.