Rice farming is Gemma’s source of income. She owns a hectare and a half of rice field. Gemma is a 39-year-old married woman. She is very diligent when it comes to farming because it gives her family food to eat. Gemma’s farm still lacks necessary farm supplies, so she is requesting a loan of $150. She will use this loan for fertilizers and other items needed to increase the yield her farm provides.
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.