Timoteo is a 42-year-old, married man and father of six children, from Talibon, Bohol. He has been engaged in the motorcycle transport and hog-raising businesses for more than 19 years.
He is asking for a loan to buy piglets to raise and fuel for the motorcycle. With this, Timoteo will be able to improve his ventures, thus augmenting his income and profit. He has hopes of making his business a success and sustainable in the future.
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.