Fernando is a 47-year-old farmer from Ubay, Bohol. He is a married man and a father of two young children. He has been engaged in a rice farming business for several years now. He is asking for a loan to buy fertilizer and pesticides for the farm. With this, he will be able to enhance and produce a good harvest. In the future, Fernando hopes to make his business a success.
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.