Esterlita is a 49-year-old single woman from Talibon, Bohol. She engages in farming. She grows rice. She has been growing rice for 8 years. Esterlita earns 7,500 PHP a month by doing the farming. She requested a loan of 8,000 PHP to buy rice seedlings and fertilizers to have a bountiful harvest. Esterlita would like to invest in other business ventures to improve her livelihood.
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.