Virgincita is forty-four years old and is a married woman with three children aged twelve, thirteen and fifteen. She does farming for a living. She has been growing rice for five years now. She also runs a sari-sari store business. Virgincita is doing her best to help provide for her family’s basic needs and send her children to school.
Virgincita has requested this loan to purchase seeds, fertilizers and pay for labor. She hopes to have better yield and income as a result.
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.