Eduvigis is a 62-year-old married woman from Bohol, Philippines. She and her husband have been rice farmers for more than 10 years now. This is the source of their income. Eduvigis believes that she can improve their livelihood through hard work and perseverance. She is also thankful that CEVI is around to provide financial services to microentrepreneurs like her. Eduvigis is asking for a loan to buy seedlings, fertilizer, and pesticides. With the loan, she will be able to expand their rice farming business and improve their harvest and yield.
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.