Teodora is a 56 year-old married woman with 8 children. Her husband works as a farmer.
Teodora runs a dry goods store in Trinidad, Bohol. She sells items like ladies accessories, toys, cellphone accessories and flashlights. Teodora is able to support her family financially with her business.
Teodora has requested this loan to buy more items to sell such as sandals, toys and accessories. Teodora hopes her business and family’s living conditions will improve.
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.