A 53-year-old farmer from Philippines, Perla has been engaged in a rice farming business for more than ten years now. She helps her husband in tilling their lands and in cultivating their field to plant rice. Perla needs a loan to buy fertilizer and pesticides for the farm. With this, they will be able to improve their farming business and augment their income.
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.