Rey is a 36-year-old married man from Carlos P. Garcia, Bohol. He is a father of 4 children. The oldest child is 15 and the youngest is 3. Rey is engaged in the manufacturing of hollow blocks. He has been making hollow blocks for 5 years. Aside from manufacturing hollow blocks, he also engages in fishing. He has requested a loan of PHP 10,000 to buy more cement, clay, iron ore and coal. In the future, Rey would like to expand his business in order to support his family and also to improve their livelihood status.
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.