Godofredo is a 32-year-old married man with two children: one boy and one girl. He is from Jagna, Bohol, where he has operated a motorcycle transportation business for 5 years. This business is the source of his income and provides the family's daily needs.
Godofredo is requesting a loan to buy tires, motor oil, gasoline, and spare parts for his motorcycle. With this loan, he can ensure that his motorcycle is in good condition while he is driving. In the future, Godofredo hopes to expand his business and to have a new motor.
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.