Nicanora is 52 years old and is a married woman with 3 children. She and her husband are both farmers. They grow rice and corn crops on their land. According to Nicanora, they can earn as much as 9000 PHP per month, but this income is not stable due to weather conditions.
Nicanora has requested a loan to purchase seeds and fertilizers. She hopes for their harvest to increase.
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.