Genaro is a 44-year-old married man and a father of three children from Albur, Bohol. He is engaged in the kalamay-making business. Kalamay is a sweet and sticky delicacy that is known in the country, especially in the area of Bohol. It is made of ground glutinous rice and coconut milk.
Genaro is asking for a loan to buy ingredients for making kalamay, such as glutinous rice, coconut, sugar and peanuts. With this, he will be able to make more kalamay to sell in the market, thus increasing his sales and profits.
In the future, Genaro aims 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.