Jenny is 41 years old. She is a married woman with two children aged 20 and 14 years old. She and her husband are both farmers. According to Jenny, she has been growing rice and corn crops for 17 years. She earns about 7,000 PHP per month doing this farming.
Jenny is requesting a loan to purchase seeds, fertilizers and herbicides. She hopes to be able to have her own farming equipment. She also hopes for her children to finish their studies and find jobs.
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.