Elizabeth L. is from the town of Banga. She is 52 years old and married with three children. To make a living, Elizabeth owns a business planting and harvesting rice and corn and vegetables to sell.
Elizabeth joined CEVI to gain access to financial services to help improve her living situation and ability to engage in business activities. Elizabeth has successfully repaid a previous loan from CEVI. Elizabeth is requesting a new loan of 10000 PHP which will be used to purchase seeds and fertilizers. She plans to use the additional revenue generated to improve her business.
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.