Ranilo is a 33-year-old farmer from San Miguel, Bohol. He has been rice farming for more than 2 years now. This is the source of their income. Ranilo is asking for a loan to buy fertilizer and pesticides for the farm. With this, he will be able to improve his business and augment his earnings from it. Moreover, he wants to save money for the future schooling of his children.
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.