Ginabelle S. is from the town of Bunawan. She is 24 years old. To make a living, Ginabelle owns & operates a business venture in the agriculture sector raising crops. While not the only means for generating revenue, the main source of income for the business comes from planting and harvesting rice for sale. She said she is happy to have a source of income because she is able to support her family financially.
Ginabelle joined CEVI to gain access to financial services to help improve her living situation and ability to engage in business activities. Ginabelle has successfully repaid a previous loan from CEVI. Ginabelle is requesting a new loan of 14,000 PHP which will be used to purchase seeds, fertilizers and other farm inputs. She plans to use the additional revenue generated from the business to improve her business.
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.