Juanito is 38 years old and married. He has three children aged 11, 10 and 5. Juanito runs a sound system rental business. He has had this business for 20 years. Juanito is also a fisherman and owns his own fishing boat. He works hard to provide for his family and send his children to school.
Juanito has requested a loan to purchase speakers and repair his fishing boat. He hopes to have a better quality of life.
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.