Ma. Chona is a 43-year-old married woman with 3 children aged 20, 17 and 15. Ma. Chona's husband is a businessman.
Ma. Chona is a dry goods retailer in Trinidad, Bohol. She has been in this business for 20 years. She sells men and women's shirts, jeans, undergarments and bed sheets. She earns about 40000 php per month with her business. Ma. Chona works hard to improve her business and sustain her family. She also makes her children's education a top priority.
Ma. Chona has requested this loan to buy 10 dozen blouses and 10 dozen shirts. She also plans to pay her children's tuition fees. In the future, she hopes her business will last for many years and hopes that her children will 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.