Ma. Chona is 29 years old and is married. She is from San Miguel, Bohol. Ma. Chona is engaged in a rice farming business and gasoline retailing venture. Her husband works on the farm as well. Ma. Chona needs a loan to buy fertilizer and pesticides for the farm and additional gasoline to sell in her store. In the future, Ma. Chona hopes to improve their business so that it will generate more revenue necessary for the needs of the family.
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.