Arline B. raises pigs in her back yard. She is 54 years old and has one child. When she isn't busy in her piggery, she cooks food. She sells the pigs in her village: her customers come in from the nearby town to buy them, and she receives many calls from them when she is preparing to sell her pigs. She earns a lot of money from hog raising, which is why she wants to expand her business with the help of CEVI.
She is requesting a loan of Php 10,000. She will use the loan to buy additional piglets and expand her business. Aside from helping to purchase pigs and foods, the loan will also help Arline start a new business.
CEVI heps people start and run their own businesses. They provide their clients with credit assistance, training, and insurance coverage to help their businesses grow.
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.