Cresencia is 61 years old, married and has 4 children, whose ages range from 20 to 30 years old. Her husband is a retired teacher.
Cresencia has been in the tailoring business for 8 years. She makes dresses and provides general alterations. She also buys gowns that she rents to the people in her town. Cresencia is requesting a loan of 16,000 PHP to purchase more clothing and tailoring materials. She hopes to be able to make wedding gowns someday.
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.