Remedios is a 54-year-old married woman from Talibon, Bohol. She has three grown children. She is engaged in a hog-raising business. She has been raising hogs for six years now. Remedios requested a loan of 11,000 PHP to buy feed and pig supplements. In the future, Remedios would like to expand her piggery business to be able to pay her weekly contributions and to be successful in life.
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.