Violeta, 46 years old, is a married woman from the town of Banga. She is engaged in farming. She particularly plants and harvests rice crops. She rents a stall at the market to sell her harvest. Violeta works hard to support her family financially.
Violeta joined CEVI to gain access to financial services to help improve her living situation and ability to engage in business activities. Violeta has successfully repaid a previous loan from CEVI. Violeta is requesting a new loan of 10,000 PHP which will be used to purchase 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.