Cayetana raises hogs to earn a living. She is 56 years old with three children. She and her husband separated but it didn’t stop her from continuing with her life. Her youngest child is taking up Electronics and Communications Engineering at a university in her town. She works hard to have him graduate this year.
Cayetana also sought the help of CEVI, an MFI (micro-finance institute), to support her business. She says that its program is a big help to her hog-raising business. She is now applying for a loan of Php 14,000, which she will use to buy additional piglets and feeds. She is hopeful to earn more so she is able to pay for her son’s university fees.
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.