Roseminda N. owns a small rice farm. She began this business in order to help support her children's education. She has three children; all of them are still in school.
Roseminda has requested a loan from CEVI in order to purchase more seeds and fertilizers for her farm. She hopes that this will increase her business. She intends to use the profit to finance her children's daily fare and school fees, as well as provide for the family's daily consumption.
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.