Josephine O. is from the town of Surallah. She is 47 years old. Josephine is married and has 5 children. Her eldest child 22 years of age while the youngest is 13 years old. Four of her children are still in school. To fund her children's education, Josephine works hard to earn from her farm. She makes sure her rice crops are healthy and not destroyed by weeds and pests.
Josephine needs to purchase 3 sacks of rice seeds, 4 sacks of fertilizers and other farm supplies. She requested for a loan of PHP 8,000 that she will use to buy the farm supplies she needs.
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.