Glenda is a 37-year-old married woman living in Panglao, Bohol. She runs a motorcycle taxi business and has had this business for 5 years. Glenda works hard to sustain her children’s education. She is asking for a loan of 10000 PHP to renew her motorcycle’s registration and to buy motorcycle spare parts, such as tires.
Glenda hopes to have better earnings so she can improve her house.
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.