Ritchel D. is 30 years old and married. She and her family live in the town of Surallah, South Cotabato. She is a farmer and primarily grows rice to sell to rice traders. Ritchel also raises pigs and sells them at the market and runs a sari-sari store where she sells items like coffee and chips. Ritchel earns approximately 10,000 PHP per month from her businesses. She plans to use her loan to buy pig feeds, seeds, and fertilizers. In the future, she hopes her children are successful.
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.