Luciano is a merchant living in Bohol, Philippines. He runs a sari-sari store or convenience store for more than 20 years now.
Luciano is a member of CEVI for several years now. As of this time, he is asking for a loan worth 20,000 PHP to buy more items to sell like noodles, canned goods, soda, snack foods and others. With this, he will be able to cater to more customers and buyers.
Luciano hopes of expanding his business in the future in order to generate more income for the needs and expenses of the family. Moreover, he wants to uplift the standard of living of the family and experience fullness of life.
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.