Norberta is a 56-years-old married woman and a mother of eight children from the town of Panglao, Bohol, Philippines. She has run a motorcycle transport business for more than six years now. She and her husband also tend a small rice farm. These are the sources of their income for the needs of the family especially for the school expenses of their children.
Norberta gives her best to support her husband in meeting the needs of the family. Norberta joined CEVI to gain access to financial services offered by the organization to some entrepreneurs who want to make their business grow and become sustainable. Norberta has successfully repaid a previous loan from CEVI. At this time, she is asking to take out another loan worth 21000 PHP to buy fuel and spare parts for the motorcycle and for the continuous expansion of their ventures.
In the future, Norbeta has hopes of experiencing the fullness of life together with 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.