Virginia, age 48, is a rice farmer. She and her husband have been engaged in this business for more than 18 years. They have nine children and live in San Jose, Talibon.
Virginia is asking for a loan in order to buy fertilizer and pesticides for the rice farm. With the loan funds, they will be able to produce a good harvest from the field.
In the future, Virginia hopes of expanding their business and continue to support the education of their children.
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.