Raquel is a 38-year-old married woman and the mother of seven children. She is from San Miguel, Bohol. Together with her husband, Raquel has been engaged in rice farming for more than 20 years. She is asking for a loan to buy additional fertilizer and pesticides. Raquel believes that this loan could help her improve her business and make it even more 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.