Marcos is a 46-year-old farmer from San Miguel, Bohol. He is married with three children aged 10, 16 and 18. Marcos has been growing rice for a long time now, which helps support the basic needs of his family. He works hard on his farm so he can have a good harvest. He is asking for a loan to buy fertilizer for his farm. His profit will be used to buy nutritious food for his family and pay for school fees of his children. In the future, he hopes to have more land he can cultivate for a bigger income.
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.