Domingo is a married man, 54 year old, from Getafe, Bohol. He has eight grown children. He has engaged in the farming business for three years now. He usually earns PHP 5,000 per month. This is the source of his income.
Domingo is requesting a loan to buy fertilizer and nutrients. This will be used so his farm can have a healthy and productive growth. Through this loan, he will be able to make his crops healthy when harvest time comes. In the future, Domingo hopes to expand his business. He also wants to make his house a concrete one.
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.