Felicidad is a farmer who lives in the town of San Miguel, Bohol. She is married and the mother of six children. She has been in the farming business for more than 30 years now, and is requesting a loan to buy fertilizer and pesticides for her farm. This will allow her to improve the productivity of her farm and increase both her output and profits. In the future, Felicidad hopes to expand her 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.