Jobel G., 41 years old owns a number of lights, fertilizers, and amplifiers. He has three children, 8 years the eldest who are all studying in school. People are renting his lights, amplifiers and other disco utilities which eventually gives him income to rpovide food, clothng and other basic needs in their family.
He would like to request a loan of Php 25,000 from Community Economic Ventures. He will use the loan to buy additional speakers, ligts and amplifiers to improve his services.
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.