Corazon is a 50-year-old married woman from Panglao, Bohol. She has two children ages 16 and 17 years old respectively.
She has been engaged in a hog-raising business for two years. On the other hand, her husband is a motorcycle driver, but his income is not enough to finance the family's daily needs.
She requested a loan of 9,000 PHP to purchase more piglets, feeds and pig supplements to produce healthy pigs. In the future, Corazon would like to expand her business to have additional income for a sustainable livelihood and so she could be able to send her children for a college education for their bright 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.