Alicia is 30 years old and is a married woman with 2 children age 9 and 6. Alicia and her husband are both farmers. They till land in Trinidad, Bohol. They grow rice crops and vegetables on their land. According to Alicia, their current earning is 4,000 PHP per month.
Alicia has requested this loan to purchase seeds, fertilizers and to pay for the labor of those they hired to help till their farm. Alicia is hoping for this loan to help increase their harvest. Alicia wants to be able to send both her children to school.
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.