Crispina lives in Corella, Bohol, a town in the Philippines, with her family. She is 66 years old, a widow, and has two grown children. She relies on hog raising, as well as charcoal buying and production, for an income. Her income has helped meet the needs of her family like food. However, Crispina is in need of additional capital to buy feed, piglets, and supplies for charcoal production. With a loan, Crispina will be able to successfully produce healthy hogs that she can sell for a profit and she can produce more charcoal.
Crispina is optimistic that this will boost her business productivity and her profits. All of Crispina's income will be used for her family's daily consumption and savings for the future.
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.