Alipio is a married man and the father of two children, from Bohol, Philippines. He earns a living through food vending, selling snack foods like tempura and fish balls. Alipio needs a loan to buy additional ingredients for making tempura and fish balls, such as flour, cooking oil, and seasonings. In the future, Alipio hopes to make his business a success.
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.