Marciano is a 57-year-old fisherman from the town of Trinidad, Bohol. He is married with two children, ages 11 and 25. He has been fishing for a long time now and would like to further invest on his livelihood. He is asking for a loan of 4,000 PHP to buy fishing net to replace the old one. His fishing business afforded him healthy meals and school fees for his child.
In the future, he hopes increase his income from fishing by continued hard work and improvement on his livelihood.
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.