Sofia is a 53-year-old married woman and the mother of 10 children. She is from Garcia-Hernandez, Bohol. Sofia has been engaged in a vegetable-farming business with her husband for more than 10 years now.
Sofia is asking for a loan to buy fertilizers and seedlings. With this loan, she will be able to improve her farm and grow good-quality vegetables. Sofia hopes to expand her farm and make it a success so that it will generate more revenue for her family's needs and expenses.
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.