Samuel is a married man and a father of four young children from Talibon, Bohol. He earns a living through his tricycle transportation business. He has been in this business for more than 6 months. This is the source of his income. Samuel is asking for a loan to pay for the repair of hismotorcycle and to buy spare parts like tires, nuts, bolts and fuel. Through this, he will be able to increase his income and provide for the needs of his family, such as food and other things.
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.