For fifteen years now, Teodoro has been engaged in rice farming and buying and selling herbal products in the town of Trinidad, Bohol. He is 43 years old and married. Teodoro would like to ask for a loan to buy farm supplies, like fertilizer and insecticides, as well as herbal products. This will help so he can produce a better yield on his crops and make a good income out of his hard work. His harvest will also provide food for his family’s consumption. A loan will make a difference in his farming and direct-selling business.
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.