Pelba is a 57-year-old married woman with four children. The oldest child is 32 years old and the youngest is 24. Pelba and her husband are both farmers. They till their land well in order to plant rice crops. Their harvest is used for family consumption and sold to traders. Pelba's loan will be used to purchase seeds and fertilizers. She hopes to have an increased harvest.
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.