Tony, 41, is married with two children, aged 18 and 14. He has been a farmer for 20 years, primarily growing rice to sell. According to Tony, he earns about 13,000 PHP a month from farming. With these earnings, he is able to provide for his family's needs and send his children to school.
Tony is requesting a loan to purchase seeds, fertilizer and other farm supplies. He hopes that his business will grow and for his children to finish college.
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.