Joiakim is 27 years old and from the municipality of San Miguel, Bohol. He is married with a 2-year-old son.
He is a farmer who grows rice and is also engaged in a transportation business with his tricycle. This has been his source of income for two years now. He wanted to give his child a better future; that's why he works hard on his businesses.
He is asking for a loan of 5,000 PHP to buy tires, fertilizer, and pay for labor. Farming success is attributed to the use of fertilizer for a better yield on crops.
His profit will then be use to finance his child’s schooling and future savings.
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.