Jeffrey, a farmer from Ubay, Bohol, Philippines, has been in the rice farming business, his sole source of income, for more than two years now. Jeffrey is requesting a loan to buy seedlings, fertilizer and pesticides in order to increase his harvest and yield. He hopes to expand his farm In the future and save money for his children's education.
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.