Alecor is a 25-year-old, married woman from Ubay, Bohol. She has operated her farming business for 15 years now, together with her husband. This is where she gets her income to cover their daily needs.
Alecor is requesting a loan to buy fertilizer. This will be used to grow healthy rice. With the help of this loan, she will be able to harvest good and healthy rice. In the future, Alecor hopes to expand her business.
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.