Alona is a married woman with two children who are 21 and 12 years old. She is a farmer working in the town of Sto. Niño, South Cotabato. She has been growing and selling rice for 10 years. Alona earns about 8,000 PHP per month doing this farming.
Alona has requested a loan to purchase fertilizers, seeds and other farm inputs. Alona hopes for her business to grow. She also wants to be able to sustain her family, especially 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.