Lynie E. is 47 years old makes a living by planting vegetables and selling her produce to people in her community. Her husband works as a farmer and a carpenter. Thye both work hard because they have a strong commitment to provide for their seven children, five girls and two buys. She is applying for this loan for 7,000 PHP to buy additional fertilizer and seeds, and believes that this loan will help her improve her harvest and with it, her income.
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.