Marites is a 28-year-old from Ubay, Bohol. She has an 8-year-old daughter. She has been engaged in the farming business for five years. She grows rice in this area. This is the source of her income. She earns 3000 PHP monthly.
Marites is requesting a loan to buy fertilizer. This is used to make rice to grow fast. With the help of this loan, she can provide fertilizer for her rice to make it grow fast.
In the future, Marites hopes to expand her business.
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.