Efrena is a 50-year-old married woman. Four of her children still go to school and are under her care. Her husband is a farmer.
Efrena sells gasoline to her community. She earns 5000 PHP per month from her business. Efrena also helps her husband grow rice crops on their land. She does her best to support her family. She is requesting a loan to purchase fertilizers and more gasoline to sell. In the future, she hopes her family’s standard of living will improve.
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.