Maricel is a married woman and a mother of three children from Ubay, Bohol. She has been engaged in the rice farming business together with her husband for several years now. This is the source of their income. Maricel is asking for a loan to buy seedlings, fertilizer and pesticides. With this, they will be able to improve their farming business and augment their harvest and yield. In the future, she hopes to expand her farming business and save money for the schooling of her 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.