Ma. Lourdes is a 31-year-old married woman and the mother of three children. They live in San Miguel, Bohol, Philippines. Ma. Lourdes has been in a rice farming business for more than seven years now. She also has a food vending venture. Her husband works as a farmer.
Ma. Lourdes does her best to earn a living so that she can support the needs of the family. As of now, she is asking for a loan to buy additional fertilizer and pesticides for the farm. Also, she wants to buy additional ingredients for her food vending business. In the future, Ma. Lourdes hopes to make her business a success and sustainable. Moreover, she wants to 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.