Ma. Noemi is a resident of Baclayon, Bohol, a province in the Philippines. She is 43 years old, married and has two children aged 10 and 12. She is currently engaged in selling home-cooked food. She is asking for a loan to buy ingredients like meat, seasoning and vegetables. This way, she can help her husband, who is working in a printing business. Ma. Noemi is determined to make her business a success so that her children can have a better future. Her income will be for school fees and food for the 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.