Vicente is a hard-working farmer who lives in the town of Trinidad, Bohol with his family. He has been tilling his land for more than 10 years. Vicente primarily grows rice crops to sell. He earns about 5,000 PHP per month doing this farming.
He plans to use his loan to purchase fertilizers and other farm inputs. Vicente hopes to earn better and be able to send all his children to school.
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.