“I am the provider for all of my family's needs. I want to build a good future for them and let them live a happier life,” says Romulo S., a 46-year-old father from Trento, Agusan Del Sur. His wife is a dressmaker and has always been supportive of him in his decision to be the head of the family.
With 12 years of experience as a craftsman, Romulo decided to start his own business. He shapes metals and manufactures tools used in gardening like bolos, shovels, etc. He needs a loan of $125 to purchase materials for molding metals.
CEVI gives Romulo the chance to grow his business. His participation in the CEVI credit program gives him access to credit assistance, training, and insurance coverage, which CEVI offers to all of their clients.
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.