Mario is 27 years old from Trinidad, Bohol. He is married with two children aged five and seven. Mario has been farming rice to support his family for five years now. He works hard in his farm in order to produce a better yield. He is asking for a loan of 8000 PHP to buy fertilizer for his farm. Mario knows that a good harvest could also be attributed to fertilizer and the loan will be such a big help for his farming business.
His income will then be used for his family's food consumption and school fees of his children.
In the future, he hopes to have a bigger farm to manage and to become sustainable in 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.