Lucia is a 53-year-old, married woman from Bien Unido, Bohol. She has four grown children. She has been engaged in a farming business for 33 years. She grows rice in this area. She earns 6,000 PHP in a month. This is the source of her income.
Lucia is requesting a loan to buy fertilizer, medicine, and seedlings. These will be used in her farming business. Through this loan, she will be able to buy what she needs for her business. Lucia hopes to expand her business, in the future.
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.