Nilda is from the town of Banga. She is 43 years old. Nilda is married and has four children, who are aged 21, 20, 19 and 13. She is engaged in farming. She plants and harvests rice and corn crops. Nilda sells her harvest to the market and sometimes to the next town's market also. Nilda wants to be a good mother and wife. She wants her family to be happy and healthy always.
Nilda joined CEVI to gain access to financial services to help improve her living situation and ability to engage in business activities. Nilda has successfully repaid a previous loan from CEVI. Nilda is requesting a new loan of 8,000 Philippines pesos, which will be used to buy rice and corn seeds and fertilizers.
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.