Ma. Victoria is from Panglao, Bohol, Philippines. She is a 27 year old married woman and a mother of two young children, ages 7 and 2. Ma. Victoria has been in a food vending business for more than three years now, selling snack foods to the people in their community.
Ma. Victoria is asking for a loan worth 9,000 PHP to buy additional food stocks to cook (for her food vending business) such as ripe bananas, sugar, cooking oil and others. This loan will be a great help for her in improving their livelihood and standard of living. She also wants to send her children to school.
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.