Carolina is a 60-year-old married woman from Loon, Bohol. She has five adult children. Carolina raises pigs. She has been in the hog-raising business for 20 years. In addition to hog-raising, she also operates a dressmaking business. The income that she earns from that business helps her to meet her daily expenses. She requested a loan of 20,000 PHP to buy pig feed and additional piglets. With this loan, Carolina would be able to produce more healthy pigs to sell to her customers on time. In the future, Carolina would like to expand her business in order to support her family and build a sustainable livelihood.
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.