Elvira is a farmer from the town of San Miguel, Bohol. She is a married woman and has five children. She has been in the farming business for more than 15 years now, together with her husband. This is the source of their income.
Elvira is asking for a loan to buy fertilizer and pesticides, and to pay the labor cost of the farm. With this, Elvira will be able to improve the productivity of farm, thus augmenting her yield and income. In the future, Elvira hopes of making her business a success and a sustainable source of income. In addition, Elvira wants to save money for the schooling of her children.
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.