Merly is a farmer from the town of Ubay, Bohol. She is a married woman and a mother of six children. Merly has been in the farming business for more than 10 years now, together with her husband. Merly is asking for a loan to buy fertilizer and pesticides for the farm . With these, they will be able to improve their farm and eventually their harvest. In the future, Merly has hopes of expanding their farm so that it will generate more income.
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.