Rita is a 43-year-old woman from the town of San Miguel, Bohol. She is married with two children, who are 2 and 18. She has been working hard, together with her husband, as a farmer growing rice for 10 years now. She is asking for a loan to buy fertilizer and pesticides and to pay for labor. The loan will help a lot in the improvement of her business. In the future, she hopes to have a bigger business that will allow her to earn a bigger profit so she can continue in providing her children with education.
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.