Celia L. is from the town of Surallah. She is 47 years old. Celia is married and has 3 children aged 20, 17 and 13. To make a living, Celia owns & operates a business venture in the agriculture sector raising crops. While not the only means for generating revenue, the main source of income for the business comes primarily from planting & harvesting a variety of vegetables for sale. Celia also raises chickens in her backyard.
Celia joined CEVI to gain access to financial services to help improve her living situation and ability to engage in business activities. Celia has successfully repaid a previous loan from CEVI. Celia is requesting a new loan of 8000 PHP which will be used to purchase fertilizers such as manure. She plans to use the additional revenue generated from the business to improve her family's living conditions.
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.