Rainera is 57 years old and married with five children. Her eldest is 22 years old while her youngest is 8. Rainera is from the town of San Miguel, Bohol. She finds ways to help her husband, who works in a bakery, by selling Avon cosmetics. She has been in this business for eight years.
Rainera is asking for a loan to buy additional items from Avon, such as lotion, cologne, body talc, and perfume. Additional capital is just what she needs to improve her business. Any profit will be used for her children's healthy diet and school fees.
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.