Jerry is a fisherman from the town of Talibon, Bohol. He has been in the fishing business for more than five years now. This is the source of his income.
Jerry is asking for a loan to buy new fishing nets, lead weights, hooks and other items. Through this, he will be able to improve his catch, thus allowing him to sell more fish to the market.
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.