Letecia is a 52-year-old married woman and a mother of ten children, from Bohol, Philippines. Letecia has engaged in vegetable farming for more than 10 years now. This is the source of their income. Letecia works hard to support her husband in meeting the needs of the family, especially the schooling of her children. Letecia is asking for a loan to buy seedlings, fertilizer and pesticides. Letecia dreams of having a successful 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.