Perpetua is a 66-year-old woman who has been farming in the community of Talibon, Bohol. She is married with six grown children. Perpetua is asking for a loan to buy fertilizer for her farm and pay for labor so she can be prepared for the season. The use of fertilizer attributes to a high yield of her crops, so she wanted to make sure that this is available in time. Her income will be used to buy her family's healthy diet and re-invest in the same business.
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.