Fernanda is a 53-year-old married woman from Talibon, Bohol. She does farming. She grows and sells rice to earn a living. She has been growing rice for more than 10 years. She requested a loan of 6,000 PHP to buy fertilizer and pesticides. In the future, Fernanda would like to expand her farming business to improve their livelihood status and purchase a new hand tractor, which is very helpful in plowing the field.
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.