48-year-old Merlinda is a farmer living in the town of Sto. Niño, South Cotabato. She is married and has eight children. Her oldest child is already 31 years old and the youngest is only five.
Merlinda grows rice on their farm. Her husband, who is also a farmer, mainly manages their rice farm. Merlinda also raises pigs in her backyard. She fattens the pigs and sells them to the market.
Merlinda's loan will be used to purchase rice seed, fertilizer and piglets.
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.