Luciano is a 51-year-old married man from Talibon, Bohol. He is the father of a 22-year-old son. He runs a sari-sari (variety) store business. He sells various items including chips, candies, eggs, cooking oil, canned goods and beverages. He has been running a store for more than 10 years.
He requested a loan of 12,000 PHP to buy a sack of rice, gasoline and soft drinks to attract more customers with a wide variety of goods to choose from. Luciano hopes to expand his business to support his family and have a stable source of income.
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.