Mary Geraldine E. is a 41-year old pig grwer in Trento, Agusan Del Sur. She has six children, 19 years old the eldest. She is very uch worried about their family growing finances, espeially that her children are studying so she needs to provide more on their needs especially school like tuition fee, books and other daily costs.
She would like to request a loan of Php 13,000 from Community Economic Ventures Inc. She will use the loan to buy feed for her pigs. Part of the loan as well will hopefully put to starting a new businesss that will hel augment their oncome. Her planis actually having a sari-sari store and the loan that she applies will truly help for the realization of her plan.
She likes CEVI because they are giving loans of smallest interest rate, only 2% a month.
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.