54-year-old Petronilo earns a living through farming. He grows rice, corn and vegetables. He sells his harvest at his town’s local market.
Petronilo plans to use his loan to purchase fertilizers, seeds and dry goods. He hopes to achieve an abundant harvest.
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.