Arlene A., age 49, raises pigs. She also manages a small sari-sari (variety) store in her neighborhood. She runs multiple businesses to meet the growing expenses in their home. She is now cleaning the barn. She intends to buy new piglets and start a piggery.
After learning about CEVI services, she would like to apply for a loan of Php 6,000 to buy pig feed and 2 piglets. She hopes that someday she won't have to apply for a loan to expand her business and that someday she will be able to achieve all her dreams for her children.
CEVI aims to help small businesses grow. Like Arlene, CEVI is reaching out communities to start businesses for their own families.
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.