Reginalda is a 39-year-old married woman with six school-aged children. Her husband works as a farmer and Barangay (neighborhood) councilor.
Reginalda started farming 10 years ago. She works with her husband in cultivating their land and planting rice crops. They also hire some laborers to help during land preparation. Reginalda requested a loan to purchase fertilizers and pay for labor. Reginalda hopes for their farming business to grow.
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.