Jemelita O. is a rice grower. She started her business in 2000. Her only child is nine years old. She has been doing the best she can to help her husband earn an income for their family needs like food, clothes and other basic needs for their home.
She is requesting a loan of Php 9,000 from Community Economic Ventures Inc. She will use the loan to fund her farm by buying farming necessities. Receiving a loan will definitely help her achieve not just a better yield but income for her family as well.
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.