52-year-old Maginda is a married woman with 7 children aged between 10 and 32. She is a farmer working in Trinidad, Bohol. Maginda primarily grows rice crops to sell. Maginda works hard to help her husband provide for their needs and send their kids to school.
Maginda has requested this loan to purchase seeds, fertilizers and other farm inputs. Maginda hopes to achieve an abundant harvest.
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.