Edilberto is 60 years old, married, and three adult children. He has been farming rice for 10 years. He is from the community of San Miguel, Bohol.
Edilberto is requesting a loan, which he will use to buy fertilizer and seedlings and to pay for men who will be helping in the land preparation. With this loan, he would like to expand his business to improve his yield. In the future, he would like to have a bigger farm for a better income.
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.