Vicenta is a 47-year-old woman from Panglao, Bohol. She has four children. The oldest is 27 years old and the youngest is 13 years old. She engaged in the hog-raising business for five years now. She earns PHP 25,000 per month. This is the source of her income. Her husband is a laborer.
Vicenta is requesting a loan to buy piglets, hog grower, and medicine. Through this loan, she will be able to buy and raise healthy pigs and sell them in her community.
In the future, Vicenta hopes to expand her business and to gain more profit. She also wants to renovate her house.
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.