Judylee owns a ½ hectare rice field, three pigs and also a small sari-sari store. She also raises some chickens. Having three children who go to school, Judylee does her best to help her husband provide for their family’s needs and send their children to school. She joined CEVI in 2008 to gain financial support for her businesses. She says that CEVI's program is really helpful to entrepreneurs like her. She also likes its insurance program. She recently applied for a loan of 15,000 Philippine pesos (PHP). If granted, she will use it to buy farm supplies like seeds and fertilizers. She will also buy feed for the pigs and chickens and also add merchandise to the sari-sari store.
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.