Hercules is a 31-year-old married man from Talibon, Bohol. He has 3 children ages 1, 5 and 7. He does farming and grows and sells rice as a source of livelihood. He has been farming rice for almost 2 years.
Hercules lacks capital to sustain his main source of income which is farming . So he requested a loan of 6000 PHP to buy fertilizers and pesticides. In the future, Hercules would like to improve his farming business to have a bountiful harvest so he can continue send his children to school.
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.