Ma. Gemma is a 46-year-old, married woman from Panglao, Bohol. She has three children. The oldest child is 19, while the youngest is 7 years old. She raises hogs. She has been in the hog-raising business for almost one year. She earns 7,000 a month by raising hogs. She requested a loan of 5,000 PHP, to buy additional piglets and kinds of feed, like hog booster, and hog finisher pellets. Ma. Gemma would like to expand her business in the future, by investing in other ventures to support her family, as well as to finance the education of her children.
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.