Cecile is a 48-year-old entrepreneur from Tagbilaran City, Bohol. She is married to Dexter and they have three children, her eldest being aged twenty-one.
To help provide for her family, Cecile acquires imported products and local souvenir shirts that she sells in her town. She also makes accessories whenever she has time. Living in a tourist spot, she also started a small travel agency as an additional source of income.
Cecile hopes that her businesses will grow. She applied for a loan of Php 30,000 from CEVI which she will use to buy additional products to sell. This loan will help increase her working capital.
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.