Isabel B. is from the town of Tagbilaran. She is 44 years old and married. She has 5 children aged 24, 22, 20, 11 and 8. To make a living, Isabel owns & operates a tailoring business. The main source of income for the business comes from providing general alteration & tailoring services to local community members. Isabel's husband is a fisherman who also works hard to provide for their family's needs.
Isabel joined CEVI to gain access to financial services to help improve her living situation and ability to engage in business activities. Isabel has successfully repaid a previous loan from CEVI. Isabel is requesting a new loan of 11000 PHP which will be used to invest in expanding the 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.