A 42-year-old married mother of seven from Ubay, Bohol, Ma. Elisa has had a rice farm for several years now. She helps her husband in tilling it. Ma. Elisa is applying for a loan to buy additional fertilizer in order to improve the farm. In the future, she hopes to expand it and make it sustainable.
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.