46-year-old Alejandra does farming for a living. She lives with her husband and their six children. Her oldest is 17 years old and one of her goals is to give her children a proper education. She stays strong despite the hard work required on her farm. Her farm needs additional capital.
Alejandra joined CEVI to gain access to loan opportunities. She is now requesting PHP9,000. She will use this loan to finance her farm. This loan will help Alejandra save for her children’s education.
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.