Henry is a farmer from San Miguel, Bohol, Philippines. He is a married man. Henry has been in the rice-farming business for more than two years now. This is the source of his income.
Henry wants to improve his farming business, but lacks the financial resources to do so. Because of this, he is applying for a loan to buy fertilizer and pesticides for the farm. Through this loan, he will be able to improve his farm, thus increasing his yield and profit.
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.