Bienvinido is 34 years old and is a fisherman from Getafe, Bohol. He has been in the fishing business for more than six years.
Bienvinido is requesting a loan, which he will use to buy new fishing nets, lead weights, and hooks. With this loan, he will be able to improve his catch. In the future, Bienvinido hopes to expand his business and save money for the schooling of his children.
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.