Reginalda, age 39, is a rice farmer. She has been engaged in this business for 15 years and it is the sole source of her income. She and her husband have six children: the youngest is eight years old and the eldest is 19. The family lives in San Miguel, Bohol.
Reginalda is requesting a loan in order to buy fertilizer and insecticide. These will be used to help her rice plants grow quickly, maintain their good health, and protect them from insects. With the help of this loan, she can ensure that her business is as productive as possible.
In the future, Reginalda 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.