Crispina is a 67-year-old widowed woman from Corella, Bohol. She is a mother of three grown children. She has raised hogs in her community for six years. She earns 6,000 pesos out of the hog-raising business. She works hard to earn a living. She never depends on her children for her daily needs.
Crispina requested a loan of 5,000 PHP (Philippines pesos) to buy additional piglets, feed and pig supplements to increase the production of healthy pigs so she could sell them on time. In the future, Crispina would like to invest in another business in order to be successful and prepare for old age.
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.