Adelaida is a 49-year-old married woman with two children, aged 13 and 16. She is a farmer, working in Bien Unido, Bohol. Adelaida and her husband work together cultivating their land and growing rice to sell. Adelaida does her best to keep their farm productive and their children at school. She requested a loan to purchase fertilizers, seeds, and other farm supplies. Adelaida hopes to achieve an abundant harvest. She also hopes to venture into other kinds of business.
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.