For eight years now, Lolita has farmed rice in the town of San Miguel. She is 42 years old, is married, and has seven children. It is quite a challenge for Lolita to wait for a few months before she can have her harvest while also providing for her children. She is asking for a loan to buy fertilizer for her farm so her crops will grow abundantly.
Her income from farming provides food and school fees for her children.
In the future, she hopes to successfully send her children to school.
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.