Cesaria is 62 years old. She is from Sikatuna, Bohol and she has four adult children who mostly live on their own.
To earn a living, Cesaria relies on the income she generates by selling cosmetics from Avon and providing manicure and pedicure services to her customers. She is requesting a loan in order to buy additional items to stock including lotion, body talc, perfume, cologne, and manicure and pedicure kits. Having more stock on hand will allow Cesaria to increase her income and give her the confidence that she can continue her business. In the future, Cesaria hopes to obtain a better location for her business so that she can earn a larger income and have a chance to attract more customers.
She will use the income she generates to purchase food and supplements for her good health.
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.