29-year-old Elyn is a married woman from the town of Banga, in the province of South Cotabato. She has a 9-year-old child.
Elyn has been a farmer for more than 10 years. She helps her husband plant rice and corn at their farm. They usually sell their harvest to rice traders in the town and earn about 7000 Philippine pesos (PHP) per month from farming.
Elyn has requested a loan to purchase 3 sacks of fertilizer, 7 sacks of rice seed, and 4 liters of insecticide. She hopes for the farming business to be stable. She also hopes for her child to finish college someday.
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.