Apolinar is a 54-year-old married man from San Miguel, Bohol. He has five grown children. He has been engaged in the farming business for 25 years now. He also has a piggery as his second business. This is the source of his income. He usually earns 4,000 PHP (Philippines pesos) a month.
Apolinar is requesting a loan to buy fertilizer, seedlings and medicine. This will be used in his farming business. With the use of this loan, he will be able to buy what he needs for the productivity of his farm.
In the future, Apolinar hopes to expand his business.
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.