Mercedita is a farmer from Ubay, Bohol. She is a married woman and the mother of an eight-year-old son. Mercedita works hard in order to provide support to her husband in meeting the needs of the family. She is asking for a loan to buy seedlings, fertilizer and pesticides.
She also wants to increase her stock of ready to wear goods like shirts, slippers and others so that she can cater to more buyers and fill orders from her customers. Mercedita believes that this loan could help her in making her business grow and be productive.
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.