Serapio is 56 years old and earns a living as a farmer in the town of Trinidad, Bohol. He is married and has been in his current line of work for 20 years. His main crop is rice and he earns about PHP 6,000 a month. Serapio is applying for a loan to buy fertilizer and other farm supplies. His goal for the future is to continue expanding his farm.
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.