Floro is 37 years old and has a business selling fish. This business has been running for almost one year. Floro has three children; the oldest is ten years old. He works hard to support his family. Floro has requested this loan to purchase more fish. In the future, he hopes to expand his fish-selling business to support his family and to send his children to school for their bright future.
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.