63-year-old Lucita D. understands the responsibilities of having a family. Although she and her husband were not blessed with a child, she still feels the need to have a stable job and business. Thus, she started a small grocery store with the help of her sister. Presently, the store has a good status, but Lucita won’t settle for the average. She wants to have additional capital to expand her business.
This is the reason why she joined the Community Economic Ventures Inc. (CEVI), a growing micro-finance institution in the Philippines known for its client-friendly services. Lucita is currently asking for a loan from CEVI. And as a member, she actively attends their meetings wherein she gets to mingle with her fellow members in sharing some Biblical reflections.
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.