Bibiana is a 47-year-old married woman with 3 children ages 16, 18 and 20. Her husband is a farmer.
Bibiana buys and sells bananas and yams in her community. She earns 2,000 PHP per month. She hopes for her income to improve so she could help more with her children’s education. She requested a loan to buy more bananas and yams to sell. This will help increase her sales and profitability.
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.