Edmer is a 32-year-old fisherman from Getafe, Bohol, Philippines. He has four young children. Edmer is asking for a loan to buy new fishing nets, and to pay for the school fees of his children. He believes that this loan could be a great help for the success of his fishing business.
Edmer hopes to save money in the future, for the schooling of his children.
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.