Flaviano is a 55 year old married man from Talibon, Bohol. He has 4 grown children. Growing seaweed is the family's source of income. He has been farming seaweed for more than 10 years now. Flaviano has requested a loan of 30,000 PHP to buy more seaweed seedlings and materials like straw, tissue and bamboo sticks to increase the harvest. In the future, Flaviano hopes that he can expand his seaweed farming business to improve his family’s 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.