Nilo is a married man and a father of two children from San Miguel, Bohol. Nilo sells various household goods and materials to people in his area.
This is the source of his income. Nilo is asking for a loan to buy more stock of merchandise to sell like slippers, shoes, tupperware, and kitchenware. Through this loan, he will be able to improve his inventory, thus allowing him to cater to more buyers in his store. In the future, Nilo hopes of making his business a success. Moreover, he wants to save extra money for the schooling of his children.
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.