Sixty-year-old Fely is a married woman living in the town of Sto. Niño, South Cotabato. She raised her children in the same town.
Fely is a farmer. She cultivates her land for planting and harvesting rice crops. Fely sells her harvest to her town's market. She says it is easier to sell rice than other crops because it is a main Filipino food.
Fely requested a loan of 15,000 PHP, which she will use to purchase seeds, fertilizers, and other farm inputs. In the future, Fely wishes to expand her business.
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.