Erna is a 27-year-old married woman with 2 children, aged 4 and 3. She has been a farmer for 7 years now. Her husband, who is also a farmer, mainly manages their farm. They primarily grow rice crops for sale. Erna does her best to help at the farm and take care of their children.
Erna has applied for a loan to purchase seeds, fertilizers, and other farm inputs. She hopes that this loan will help them achieve an abundant harvest. She also hopes to be able to support her children's education.
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.