Leonila is a 61-year-old farmer from Bohol, Philippines. She has been engaged in a rice farming business, together with her husband, for than 30 years now. This is the source of their income. She is asking for a loan to buy fertilizer and pesticides for the farm. With this, they will be able to improve their harvest from the farm. In the future, Leonila hopes to make her business a success.
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.