Marissa S. owns a hectare (2.5 acres) of cornfield and a hectare of rice field. This enterprise helps her support her family’s needs.
S. is aged 40, married to Glen, and they have four children. Her eldest child is 18.
S. would like to obtain a loan of Php 15,000 from CEVI to finance her business. The loan will be used to supply her needs like seedlings, fertilizer, and other farm supplies.
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.