Francisco is a farmer working in the town of Sto. Niño, South Cotabato. He is 41 years old and single. Francisco has been in the business of rice farming for 15 years. He earns about 10000 PHP per month.
Francisco plans to use his loan to purchase fertilizers and other farm inputs. Francisco hopes to have a stable business and a better quality of life.
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.