Bonifacia, 37, is a married woman with six children. The oldest child is 14 years old. Bonifacia has been in the rice farming business for five years. She works with her husband, who is also a farmer. Bonifacia has requested a loan to purchase fertilizers for their farm. She hopes to achieve an abundant harvest. Bonifacia also hopes to elevate her family's standard of living.
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.