Bernie has been operating a computer shop for three years now. Aside from that, he also tills a rice farm and his wife also helps him with a hog-raising business. They have a 2-year-old son. His family lives in Surallah, South Cotabato.
Thinking ahead, he dreams to maximize his profit in these businesses. He applied for a loan in order to purchase farm inputs and increase the number of hogs that he is currently raising. He wants to buy additional piglets and stocks of pig feed. This way, if he can save enough profits, he can use it to reinvest in other business opportunities. Any income generated will be used for his son’s future education and investment in other business options.
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.