Thelma C. is from the town of Banga in South Cotabato. She is 52 years old. Thelma is married and has 9 children. Three of her children still go to school.
To make a living, Thelma runs a business raising livestock for fattening and sale. She also owns and manages a sari-sari store, and spends time at the farm with her husband to keeping an eye on their rice crops.
Thelma joined CEVI to gain access to financial services to help improve her living situation and ability to engage in business activities. Thelma has successfully repaid a previous loan from CEVI. Thelma is requesting a new loan of 10000 PHP, which will be used to purchase fertilizers, piglets and additional merchandise to sell. She plans to use the additional revenue generated from the business to improve her family's living conditions.
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.