Primitivo is a 53-year-old widower from Talibon, Bohol. He has two grown children. He provides videoke services to customers. He has been in this business for five years. He applied for a loan of 7,000 PHP to buy a mixer and additional microphones, to be able to provide his customers with the best service. In the future, Primitivo would like to expand his videoke services, in order to be successful and to have a sustainable livelihood.
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.