Nolasco is 43 years old and lives in the town of Trinidad, Bohol. He has had a beauty parlor for 10 years. He earns about 15000 PHP per month with his business. Nolasco works hard to provide the best service to his community. He has requested a loan to buy scissors, hair treatment essentials, and other beauty products. Nolasco hopes to attract more customers and increase 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.