Amada is a 62-year-old married woman from San Miguel, Bohol. She is engaged in the rice farming business for several years together with her husband. This is the source of their income. Amada is asking for a loan to buy fertilizer and pesticides for the farm. With this loan, they will be able to improve their harvest. In the future, Amada hopes to make their farming business a success.
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.