Lilia D. C. is from the town of Sta. Josefa. She is 48 years old, married and has four children. To make a living, Lilia plants and harvests rice for sale. Lilia does her best to be a responsible wife and mother.
Lilia joined CEVI to gain access to financial services to help improve her living situation and ability to engage in business activities. She has successfully repaid a previous loan from CEVI. Lilia is requesting a new loan of 15000 PHP to buy seeds and other farm inputs. She plans to use the additional revenue generated from the business to pay for her children's tuition fees.
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.