Eduardo is a 42-year-old fisherman from Bohol, Philippines. He is a married man and father of eight children.
Eduardo needs a loan to buy new fishing nets, hooks and fuel for the boat. With this, he will be able to enhance his daily catch, thus giving him more fish to sell in the market.
In the future, Eduardo has hopes of expanding his fishing business in order to augment his income.
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.