Agnes M. is from the town of Sta. Josefa. She is 46 years old, is married to Teofilo, and they have a 5-year-old child.
Agnes owns and operates a business planting and harvesting rice for sale. She has been engaged in her business for over six years already.
In 2008, Agnes joined CEVI to gain access to financial services to help improve her living situation and her ability to engage in business activities. She has successfully repaid a previous loan from CEVI.
Agnes is requesting a new loan of 11,000 PHP which will be used to purchase fertilizer such as manure. This loan will be her fifth from CEVI. She plans to use the additional revenue generated from the business to improve her business.
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.