Wilfredo is a fisherman from CPG, Bohol. He is a married man and the father of an eleven-year-old child. Wilfredo is requesting a loan to buy new fishing nets, lead weights, hooks and fuel for the boat. He is optimistic that this loan could help him improve his business, thus making it more 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.