Emily P. is from the town of Albur. She is 53 years old, married and has four children. To make a living, Emily makes and sells cooked food. She has a stall where she sells. Emily has added candies and other snacks to her offerings.
Emily joined CEVI to gain access to financial services to improve her living situation and to engage in business activities.
She has successfully repaid a previous loan from CEVI. Emily is requesting a new loan of 10000 PHP to purchase raw ingredients needed to make food. Emily plans to use the additional revenue generated from the business to improve 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.