Rita is married and has nine children who attend school. She is a farmer from San Miguel, Bohol, which she has been doing for several years with her husband.
Rita requested a loan, which she will use to buy fertilizer and pesticides for the farm. With this loan, she will be able to increase her harvest and yield from her farm. In the future, Rita hopes to make her business a successful one. She 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.