Emma C. is from the town of Sto. Niño. She is 57 years old and married, and has 5 children. To make a living, Emma plants and harvests rice to sell. Emma is hoping for her harvest to increase.
Emma joined CEVI to gain access to financial services to help improve her living situation and ability to engage in business activities. Emma has successfully repaid a previous loan from CEVI. Emma is requesting a new loan of 20000 PHP which will be used to buy farm supplies and additional merchandise to sell. She plans to use the additional revenue generated from the business to support her family financially.
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.