Eutiquio is a 47-year-old, married man, who has six grown-up children. He is from Talibon, Bohol. He has been a fisherman for 20 years. His wife is engaged in food vending. Usually, he earns 15,000 PHP monthly, which includes the income of his wife. This is the source of his income.
Eutiquio is requesting a loan to buy ingredients for food vending, to be used by his wife, and lead weights, sinkers and nets, to be used by him in his fishing. The ingredients and fishing equipment will help in meeting the needs of his family.
Eutiquio dreams of expanding his business, and of having complete tools and equipment for fishing, in the future.
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.