Anecito is a 23-year-old married man from the town of Antequera on Bohol in the Philippines. He has had a basket-weaving business for more than four years now, which is the source of his income. Anecito is requesting a loan to buy wicker, buri "native palm" and straw. With this, he will be able to weave more baskets and sell them at the market. In the future, Anecito hopes of improving his business and making it a success.
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.