Ofelia is a 44-year-old married woman with four children. The oldest child is 24 years old. Ofelia does rice farming and raises hogs to earn a living. She helps her husband plant rice crops on their land. She also raises pigs in their backyard. Ofelia works hard to help provide for their needs and send their children to school.
Ofelia has requested this loan to purchase piglets, feed, fertilizers and other farm inputs. Ofelia hopes to have a better quality of life.
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.