63-year-old Ernesto is a fisherman from Talibon, Bohol. He operates his own fishing boat to catch fish. He sells his catch at his town’s market. He also makes crab nets that he sells to his community. He works hard to earn better and support his family financially.
He has requested a loan to buy additional fishing nets and materials to improve his fishing boat. In the future, Ernesto hopes to expand his business.
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.