Mark Jason is a 31-year-old man from the town of Trinidad, Bohol. He is married with a seven year old daughter. He is asking for a loan to invest in his habal-habal (motorcycle for passengers) business. He will use it to buy a spare tire, chain and motor oil. It will assure him of continued business once this additional capital is available. He hopes to expand his business and increase business profitability for his child's needs in school.
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.