Rogelio S. is from the town of Sto. Niño. He is 61 years old. He is married and has two children, aged 25 and 23. Rogelio has been a farmer for more than a few years already. He enjoys spending time at the farm, keeping it free of weeds and pests. He aims to increase his harvest and earn a better income.
Rogelio joined CEVI to gain access to financial services to help improve his business and living situation. He has successfully repaid a previous loan from CEVI. Rogelio is requesting a new loan of 15000 PHP, which will be used to purchase fertilizers and pay for labor. He plans to use the additional revenue generated from the loan to improve his family's living conditions.
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.