Emelyn J. is from the town of Banga. She is 40 years old. Emelyn is married and has three children, aged 17, 13 and 12. To make a living, Emelyn raises crops. The main source of income for the business comes from planting and harvesting rice and corn for sale. Emelyn also grows pigs for fattening. She sells the pigs to the market.
Emelyn joined CEVI to gain access to financial services to help improve her living situation and ability to engage in business activities. Emelyn has successfully repaid a previous loan from CEVI.
Emelyn is requesting a new loan of 8,000 Philippines pesos, which will be used to purchase fertilizers and feeds.
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.