Helen D., 40 years old, is from the town of Sta. Josefa. She is married and has two school-aged children.
Helen is involved in rice farming. She says that proper financing is one of the factors in having an abundant harvest. She is happy that she and her husband work hand-in-hand in order to provide for their family.
Helen joined CEVI to gain access to financial services to help improve her living situation and her ability to engage in business activities. She is happy that the MFI (micro-finance institute) was able to reach her town.
Helen has successfully repaid a previous loan from CEVI. She is requesting a new loan of 15,000 PHP which will be used to purchase fertilizer such as manure. This loan will be her seventh from CEVI.
Helen plans to use the additional revenue generated from the business to supplement her family's income.
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.