Juan is a 39-year-old married man from Baclayon, Bohol, Philippines. He has been engaged in appliance repair services for more than ten years now. Juan is repairing appliances in their community for a certain fee. This is the source of his income.
Juan is asking for a loan worth 6,000 PHP to buy more tools such as screws, screwdrivers, pliers and other hand tools. Juan is positive that this loan could definitely help him improve his livelihood. Juan hopes to make his venture a success in the future.
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.