Virgilio is a fisherman from CPG, Bohol. He is a married man and has been in the fishing business for more than 5 years. Fishing is the source of his income. Virgilio is asking for a loan to buy new fishing nets, nylon, lead weights, hooks and other items. With this, he will be able to improve his catch and augment his fish sales to the market. In the future, Virgilio hopes of making his venture a success and sustainable.
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.