Elizabeth is 41 years old and married with five children. Her oldest child is 21 years old. Her husband works as a farmer and driver. Elizabeth owns a sari-sari store which she's been running for 3 years. She sells items like soft drinks, noodles and canned goods. She usually earns about 3,500 Philippine pesos (PHP) per month. Elizabeth also raises pigs in her backyard. She fattens the pigs and sells them to the market.
Elizabeth is requesting a loan of 12,000 PHP to buy more items to sell such as canned goods. She will also buy feed for the pigs. In the future, Elizabeth wants to see her children finish college and be successful.
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.