Cheryl D., 27 years old, is engaged in the fish selling business. Aside from fish, she also sells seashells and has also ventured into a store. The loan which she will receive from Community Economic Ventures Inc. will be used in buying additional merchandise to resell. It will also be utilized in buying more fish and seashells for income.
She said that she likes the CEVI program because aside from loan, she learns a lot from Biblical reflection. She is also proud that she has insurance coverage while a member of CEVI. She likes the way CEVI processes all the loans for borrowers like her.
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.