Jacinto is a 62-year-old married man and has been engaged in a tailoring business for more than 15 years now. This is the source of his income which he uses for the daily needs of the family.
Jacinto wants to access a loan to buy additional materials such as cloth, needles and spare parts for the sewing machine such as nuts and bolts. In this manner, he can sew more thus allowing him to accept and cater for more customers.
In the future, Jacinto has hopes of making his business 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.