Jonard is a fisherman from the town of Ubay, Bohol. He is a married man and has been in the fishing business for several years now. This is the source of his income. Jonard is asking for a loan to buy new fishing nets, lead weights, hooks and rope. With this, he will be able to improve his catch thus allowing him to sell more fish in the market.
Jonard hopes to improve his business and augment his income so that he can provide for the needs of the family.
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.