Alejandra is a married woman from the town of San Miguel, Bohol. She is engaged in a food-vending business, selling home-cooked snack foods to the people in her place. For more than 12 years now, she has also engaged in a rice farming business, together with her husband.
Alejandra is asking for a loan to buy fertilizer and pesticides for the farm. With this loan, she will be able to improve her businesses, as well as her income.
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.