Loly C. is a rice grower. She manages a small parcel of land hoping to provide her family with enough income to buy their daily needs. Loly has only one child, who is 11 years old. She is doing her best to be able to send her child to school and be able to provide a better future to her family.
She is hoping to receive a loan of Php 8,000 from Community Economic Ventures to grow her crop well by buying all the farm supplies she needs.
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.