Jose N., 54 years old, invests so much in his piggery business. It was in 1983 that he started growing pigs and, until now, he is still doing the same thing since it is a very profitable business. Jose has five children. His eldest child is 31 years old and unmarried.
Jose would like to request a loan of Php 6,000. He will use the loan to buy piglets for his piggery and farm supplies to increase his harvest. Jose chose CEVI because he likes the micro-insurance coverage.
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.