Ernesto E. is 62 years old and lives in Talibon, Bohol, where he has been a fisherman for five years. He is asking for a loan to buy fishnets and bait, which will help him continue his livelihood.
Ernesto works hard to support his family. In the future, he hopes to venture into another business to supplement his 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.