Anita E. is 62 years old and from the town of Surallah. She is married with five grown children. Farming has been the source of income for her family. She wanted to give herself and her spouse financial security now that they are old. For that very reason, she is working hard on her farming business and requests a loan to improve her yield. The loan will be used to buy fertilizers and seedlings. Her profit will be used to save for old age and for the family’s daily consumption.
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.