Cirilo is a 44-year-old married man from Talibon, Bohol. He has three children. The oldest is 21 years old and the youngest is 12 years old. He has been engaged in a motorcycle transport business for 10 years now. This is the source of his income.
Cirilo is requesting a loan to pay for the maintenance of his motorcycle. With the help of this loan, his motorcycle will always be in good condition to carry the maximum capacity of passengers.
In the future, Cirilo hopes to expand his business and to be successful.
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.