Felicidad is 57 years old and has two grown children. She and her family live in Talibon, Bohol.
Felicidad relies on her rice farming business and raising chicken for an income. She is asking for a loan to buy fertilizer for her farm and feed for her chickens. The fertilizer will keep her crops resistant to pests and the feed will help her chickens to grow healthy and to be easier to market.
Felicidad knows that with her small business, she can make improvements and plans with the help of the loan. Her profit will then be used for family consumption, house renovation and savings.
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.