Nonilito is 47 years old and married with three children aged five, seven and ten.
Nonilito has a "habal-habal" (motorcycle taxi) business in his town of Bien Unido, Bohol. He has had his business for four years and earns about 6,000 PHP per month. Nonilito works hard to sustain his family.
He requested a loan to purchase spare parts and gasoline. Nonilito plans to expand his business soon. He said he hopes to be a successful businessman in the future.
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.