Renante, 30 years old, lives by farming. He is married and has three children. His farm is the only source of income his family has, so he makes sure to keep his farm healthy for rice crops. He spends the whole day on the farm and although it is tiring, he still enjoys doing it. He is now preparing his land for planting. He he needs materials for the farm, so he applied to CEVI. He is asking for a loan of Php 6,000. He will use this loan to buy seeds and fertilizers.
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.