Levi is a fisherman from Ubay, Bohol. He has been in the fishing business for more than five years now. Levi is asking for a loan to buy fishing nets and fuel for the boat. With this, he will be able to enhance his daily catch thus allowing him to sell more fish in the market.
Levi has hopes of expanding his business in the future so that it will generate more revenue.
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.