Olympia is a farmer from the town of San Miguel, Bohol. She is a married woman and has 10 children. Olympia has been in the farming business with her husband for more than 15 years now. She helps him in tilling their farm.
Olympia is asking for a loan to buy fertilizer and pesticides and to pay the labor cost of the farm. With this, she will be able to improve the productivity of the farm thus augmenting their yield and income. In the future, Olympia dreams of expanding their farm so that it will generate more revenue.
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.