Vicente is 38 years old and from Talibon, Bohol. He is married and has three children between the ages of 4 and 13. For two years now, he has been making candies for a living to support his family. He makes candies from sweet potato, peanuts, and tamarind. This business help him earn 5,000 PHP per month for his children. He is asking for a loan of 15,000 PHP to buy peanuts, sugar, and sweet potatoes.
He hopes that with a loan, he can continue to expand his business. In the future, Vicente would like to be successful in educating 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.