Salvacion S. is 60 years old and has six children. Her husband passed away already, so she is the one providing for the needs of the family. To make a living, she has a farm and also raises hogs. Salvacion's older children help in maintaining their farm.
She is asking for a loan to buy rice and corn seedlings for her farm. She will also buy fertilizers after planting the seeds for a good harvest.
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.