Teofilo is a 46 year old married man and a father of four children from Ubay, Bohol. He earns a living through his tailoring shop.
Teofilo is asking for a loan to buy materials like thread, cloth and needles for sewing. With this, he will be able to accept orders and repairs from his customers, which helps increase his income.
Teofilo hopes to expand his business in the future and saves money for his children's schooling.
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.