Veronica is 51 years old and is married. She has 8 children. Her children are between 32 and 14 years old. Veronica’s husband works as a farmer and driver.
Veronica has been engaged in farming for 25 years. She helps her husband till their land and plant crops, such as rice and corn. Veronica applied for a loan because they do not have the capacity to buy the farm inputs that they need. Veronica plans to use her loan to purchase fertilizers and pay for tractor rent.
In the future, Veronica hopes to improve their house. She also hopes to have a good business.
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.