Melinda, a 44-year-old mother of two children aged 15 and 7, is married to a farmer. A farmer herself, Melinda assists her husband in managing their rice farm situated in the town of Surallah, South Cotabato. She also manages their sari-sari store business, selling items including bath and detergent soap, shampoo, sugar and vinegar.
Melinda is requesting a loan to buy farm such as fertilizers and insecticides, and hopes the loan will help to increase their yield.
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.