Wilfreda, a 45-year-old married mother of five children aged between 7 and 23 years, runs a tailoring business in Trinidad, Bohol. She makes dresses and curtains and also provides alteration services to her community. Wilfreda earns 4000 PHP per month and works hard to help sustain her family, especially her children's education.
Wilfreda is requesting this loan to purchase cloths, threads and needles, and hopes to expand her 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.