Apolinar has been engaged in a basket-weaving business for more than 10 years now. This is the source of his income.
Apolinar is asking for a loan to buy more materials to make baskets such as buri or native palm.
In the future, Apolinar wants to expand his business and make it a success.
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.