Elizabeth is a married woman who grows crops for a living. Her husband is also a farmer. Together, they till land to grow rice crops and vegetables. Elizabeth said that they have been running the farm for five years. They earn about 3,000 Philippines pesos (PHP) per month from farming. Elizabeth also raises pigs in her backyard. She sells the pigs at the market.
This loan will be used to purchase fertilizers and seeds. In the future, she hopes to improve her house and to have 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.