Felesciano is a married fisherman in living Bohol, Philippines who has been a fisherman for 45 years. He is asking for a loan to buy fishing equipment such as fishing nets and fuel for the fishing boat.
Felesciano works hard in order to support the needs of his family.
In the future, Felesciano wants to further reinvest in the business because he believes that it provides them the income that they need for sustenance.
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.