Joan is 30 years old and single. He is a farmer and tills his own land located in Banga, South Cotabato. He has been growing rice for 4 years. He earns about 4000 PHP per month from doing this farming. Joan also raises chickens to sell.
Joan has requested a loan and plans to use it to purchase seeds, fertilizers and farm equipment. He hopes for his business to grow in the 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.