Marianita is 58 years old and is a married woman with seven children. She and her husband are both farmers. They own and till a plot of land in Banga, South Cotabato where they also live. Rice is the main crop that they grow at their farm.
Marianita applied for a loan because as she said, they need additional farm inputs but they don’t have the capability to buy what they need. She plans to use her loan to buy fertilizers, seeds and other farm inputs.
In the future, Marianita hopes to build a better house for 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.