Restituto is 32 years old and married with three children aged one, three and four. He is a farmer working in San Miguel, Bohol. He has been growing and selling rice for six years. Restituto earns 4,000 PHP per month. He plans to use his loan to purchase fertilizers and seeds. Restituto 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.