Benedicto is a 39-year-old married man and a father of two children from San Miguel, Bohol. He is engaged in motorcycle transport business and has been in the business for more than 15 years now. This is the source of his income.
Benedicto is asking for a loan to buy fuel for the motorcycle and spare parts like bearings, nuts and bolts, etc. With this, he will be able to maintain the good working condition of his motorcycle.
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.