Manuel is 23 years old old from the community of Bien Unido, Bohol. He has two children ages 3 and 4 whom he supports through fishing. He usually catches squid. He is asking for a loan to buy more fishing hooks and gasoline needed for daily fishing. He is working hard so that he can support the needs of his young children. In the future, he hopes to send them to school.
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.