Rice farming is the main source of income for 43-year-old Rosy Jean. She has a rice farming business in Norala, South Cotabato. She lacks capital to finance her business which is why she joined Community Economic Ventures, Inc. She is requesting a loan of 15,000 PHP to buy farm supplies.
Rosy Jean is the mother of five children; the eldest is five years old. She wants them to have a bright future by providing for their needs. The loan will be of great help.
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.