Arnulfo is a 42-year-old man from Maribojoc, Bohol. He has been running a beauty salon in his area for more than 20 years now. This is the source of his income.
Arnulfo is asking for a loan to buy more materials for his beauty salon such as scissors, hair blower, hair dye and other items. With this, he will be able to serve more customers in his salon.
In the future, Arnulfo hopes to make his business a success and aims to make it sustainable.
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.