Catalina is 54 years old and comes from the community of San Miguel, Bohol. She is married and has four children, ages 19 - 30. She supports the needs of her family by farming rice and by making and selling coconut wine. (Her husband collects the coconuts from coconut trees.) She has engaged in this business for 20 years. She is asking for a loan to buy fertilizer for her rice crop, and tungog (a palm vinegar coloring ingredient). She hopes that this will make her farm more productive so she can have a better income for her family. She hopes that she can save enough to renovate her house and buy home furnishings in 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.