Chera Mae is the single mother of two kids. She is only 20 years old. She got involved in a hog-raising business because of her two children. She says that she has to work hard to be able to provide food for them. She also wants to save for their future.
Currently, Chera Mae has one sow, one hog and five piglets. She says that it is not easy to sustain her pigs, so she joined CEVI to gain financial support. She applied for a loan of 15,000 Philippine pesos, which she will use to buy feed.
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.