Myrna is 39 years old and is a married woman with two children, ages 7 and 8 years old. Myrna and her husband are both farmers. They primarily grow rice crops to sell. Myrna’s husband also manages a fishpond. To help augment their income, Myrna decided to put up a small sari-sari store. She sells items like canned goods, noodles, coffee and sugar. She said she could do household chores while managing their store.
Myrna has requested this loan to purchase fertilizers and other farm inputs. She hopes to sustain her children’s education through their businesses.
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.