Shirly D. is from the town of Bunawan. She is 52 years old and is married with seven school-aged children.
Shirly owns and operates a business planting and harvesting rice and corn for sale. She dreams of seeing all her children finish college and have bright futures.
Shirly joined CEVI to gain access to financial services to help improve her living situation and her ability to engage in business activities. She has successfully repaid a previous loan from CEVI.
Shirly is requesting a new loan of 15,000 PHP which will be used to purchase rice and corn seed, fertilizer and other farm inputs. This loan will be her sixth from CEVI. She plans to use the additional revenue generated from the business to pay her children’s tuition 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.