Fortunato is 60 years old and a resident of Ubay, Bohol. He is married with seven grown children.
For 23 years, Fortunato has been in the Sari-sari (convenience) store business. He sells rice, sugar, canned goods, sodas and other snack foods. He is asking for a loan to buy stocks in bulk like beer, soft drinks, rice, canned goods, chips and noodles.
Fortunato hopes to live an abundant life in his old age.
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.