Ponciana is a woman from Panglao, Bohol. She has been engaged in a coconut wine business for 10 years now. Some coconut wines are stored and allowed to ferment to be sold as vinegar. She sells gallons of coconut wine to different Sari-sari stores in her community. She serves as a supplier to existing stores in her place for her income. Aside from this, she also raises hogs for additional profit. Ponciana is asking for a loan to buy more coconut wine and hog feed. With her income she will be able to buy nutritious food for herself and her family.
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.