18-year-old Phamela is a farmer from Trinidad, Bohol. She has a one-year-old child. Phamela primarily grows rice crops to sell. She requested a loan to purchase fertilizers and other farm inputs. Phamela hopes to achieve an abundant harvest. She is planning to set aside savings for her child's future education.
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.