Benedicto is a 51-year-old married man from Talibon, Bohol. He operates a motorcycle service. He transports customer from one place to another. He has been operating a motorcycle transport service for more than 10 years now.
Benedicto requested a loan of 30,000 PHP to buy a wheel and and other motorcycle parts so that he can continue to serve his customers and to avoid delay. In the future, Benedicto hopes that his motorcycle transport service will be successful and his livelihood will be stable.
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.