Nilo is a 51-year-old married man from Trinidad, Bohol. He is a fisherman. Nilo catches fish to sell to his community. He also farms seaweed to sell. Nilo works hard to improve his income of 4000 PHP per month. He applied for a loan to purchase seaweed and fishing nets. Nilo hopes to elevate his family's standard of living. He also dreams for his children to finish college and have bright futures.
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.