Anacleto is a 55-year-old married man from Talibon, Bohol. He has 5 children. The oldest child is 23 while the younget is 8. He engages in fishing. He has been fishing for almost 10 years. He requested a loan of 23,000 PHP to buy fishing materials, such as fishing net, nylon and rope, to increase his catch and improve his earnings. In the future, Anacleto hopes that he can improve his fishing business to be successful so that he could provide his children with both good food and a quality education.
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.