Marilou A. is from the town of Sto. Niño. She is 36 years old. Marilou is single and has 4 children. Her eldest child is 20 years old and the youngest is 13. Her 4 children all go to school. Marilou said that it has been a challenge for her and her husband to sustain their children's education because tuition fees increase every year.
Marilou helps provide her family's needs through farming. She plants rice crops and sells her harvest to the market. She works hard to increase her harvest with every crop to earn more income. Marilou wishes to have a stable income that could sustain her family.
Marilou is requesting for a loan of 17000 PHP which will be used to purchase fertilizer and other the farm supplies that she needs. She is hopeful that this loan will help 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.