"One of my dreams in life is to give my children proper education,” shares 58-year-old Carolina. She is married and has three children. She says that her children’s education is one of the challenges she and her husband currently face because school fees keep increasing every year. She keeps working hard to achieve her goals. She raises hogs to earn a living. She sought the help of CEVI, an MFI in the Philippines, for financial support for her business. She applied for a loan of 18,000 Philippine pesos, which she will use to buy additional piglets and also feed for her hogs.
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.