Felicidad has been engaged in rice farming and hog raising for more than 19 years. She is a married woman and lives with her family in San Miguel, Bohol. This is the source of her income.
Felicidad is asking for a loan to buy fertilizer and pesticides for the farm and feed for the pigs. Through this loan, she will be able to improve her farm and her piggery, which will allow her to earn more and save more to reinvest in her business and to repay her loan on time.
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.