Fedman is a 23 year old married man from Talibon, Bohol. He is a father of a one-year old son.
He operates a motorcycle transport service, transporting customers from one place to another. He has been operating a motorcycle transport service for almost three years. In order to continue to serve his customers and also to augment his daily income, Fedman requested a loan of 4,000 PHP to buy fuel and maintenance for his motorcycle. In the future, Fedman would like to invest in another business to improve their standard of living.
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.