Carmelita is from Poblacion, Panglao, Bohol. She is 56 years old, married with 9 children. Her eldest is 32 and her youngest is 14. Carmelita has a small business cooking snack foods which she sells in the community of Panglao. She cooks and sells pancakes and rice cakes for an income.
She is asking for a loan to buy ingredients like sticky rice, flour, sugar and to pay for tuition fees of her children. She hopes to make a good profit out of this business so she can support her children's needs. Her profit will be for school fees and food for 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.