Angelita C. is from the town of Banga. She is 44 years old, married and has 3 children aged 21, 19 and 17. Angelita owns & operates an agricultural business, planting and harvesting rice for sale. Angelita wishes to be a successful businesswoman some day.
Angelita 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. Angelita is requesting a new loan of 8,000 PHP which will be used to purchase fertilizers such as manure. She plans to use the additional revenue generated to financially support her family.
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.