Venancio is a 42-year-old fisherman from Trinidad, Bohol. He is married with two children, ages seven and eight years. While he is busy earning a living through fishing, Venancio's wife also helps by selling fish in the neighborhood and also at the market. They are working together to provide their children with a good life.
Venancio is requesting a loan to purchase fishing nets and gasoline for his boat. His income will keep his children in school and provide healthy food for his children.
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.