Guillermo is a 41-year-old married man from San Miguel, Bohol. He has seven children. The eldest is 18 and the youngest is five months. He has engaged in a farming business for 10 years. He also engages in making amakan or bamboo matting as his second business. He earns 5000 PHP in a month. This is the source of his income.
Guillermo is requesting a loan to buy fertilizer and bamboo. The fertilizer will be used in his farming business and the bamboo will be used in making amakan or bamboo matting. Through this loan, he will be able to buy what he needs for the productivity of his businesses. In the future, Guillermo hopes to expand his business. He also wants to 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.