Vergilia is a 56-year-old married woman and the mother of two children. They live in Trinidad, Bohol, Philippines. Vergilia has been in a farming and hog raising business for more than 12 years now. These are the sources of her income. Vergilia is requesting a loan to buy fertilizer, pesticides and feed for the pigs. With this, she will be able to improve her farm. Also, she can improve her income; thus, allowing her to repay her loan on time.
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.