Brigildo is 49 year old and from the town of Baclayon, Bohol. He is a food vending. He bakes cakes and pastries and delivers to his customers and other bakeries for resale.
Brigildo is asking for a loan to buy ingredients such as flour, sugar, margarine, cooking oil, baking powder and flavorings to bake his cakes. The loan will allow Brigildo to have ample time to focus on his production without having to worry about additional capital for his ingredients.
Brigildo will be able to buy nutritious food for his family and reinvest in his business out of his profit.
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.