25-year-old Mae Grace S. is from the town of Sto. Niño. She is still single and helps her family earn a living. She helps till their rice farm and make it productive. She also helps in selling their harvest at the market. Mae Grace also dreams of having her own family someday. She works hard to be able to save for her future family.
Mae Grace joined CEVI to gain access to financial services to help improve her living situation and ability to engage in business activities. Mae Grace has successfully repaid a previous loan from CEVI. Mae Grace is requesting a new loan of 20,000 PHP which will be used to buy seeds, fertilizers and other farm inputs.
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.