Maximo is a 56-year-old married man from Talibon, Bohol. She has three grown children. He operates a retail store. He sells goods like coffee, sugar, noodles, canned goods, soaps and seasonings. He has been operating a retail store for almost 20 years. He requested a loan of 15,000 PHP to buy additional merchandise to sell like soft drinks, condiments, beverages and eggs. In the future, Maximo would like to expand his business to improve his 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.