Ophelia is a farmer from Talibon, Bohol. She is 51 years old, married to a farmer and carpenter. She has four children, her eldest is 30 and her youngest is 17. Ophelia and her husband farms rice both for sale and for her family's consumption.
She is asking for a loan to buy fertilizer and pay for labor during land preparation. This is very important to Ophelia for the success of her crops' yield. Her income will then be used for consumption, school fees and reinvestment in the same 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.