Natividad loves cooking. In 2005, she decided to earn a living out of her passion. She cooked viands (tasty dishes) and started selling first to her neighbors. When she heard of CEVI, she immediately joined to gain financial support for her business. She was happy because she was able to buy more ingredients and was able to cook more.
Natividad is now requesting to borrow 10,000 Philippine pesos. She will use it to buy vegetables and other ingredients she needs for her viands. This loan will help sustain her business.
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.