Gloria is a married woman from Trinidad, Bohol. Her husband works as a farmer. Gloria earns a living buying and selling seaweed. She said she can earn as much as 16,000 PHP per month with this business. Gloria works hard to send her children to school. She requested this loan to buy more seaweed to sell. Gloria hopes her business will prosper. She also hopes to venture into other kinds of business in the future.
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.