Arsenio is a 63-year-old married man from San Miguel, Bohol. He is the father of two grown-up children. Arsenio buys bananas, cassava, vegetables and yams that he resells at the market. Arsenio works hard to increase his earnings. He is asking for a loan to buy more fruits and vegetable to sell at the market. With this, he will be able to increase his sales and then 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.