Pedrito Crescencio, a 54-year-old married father of four children, is from Sto. Niño, South Cotabato, where he supports his family through farming. Pedrito has great dreams for his children, the reason he works hard tilling his land. He is now requesting a loan to help purchase his farm inputs including seedlings, fertilizer and farm tools. The additional income accruing from the business will go to his children’s education, family consumption and savings for their future.
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.