Eladia is from the community of Loon, in the province of Bohol. She is 67 years old and has been in a retail business, selling basic household items like grocery needs. She sells canned goods, seasoning, soft drinks, rice, snack foods and also owns an eatery. She is asking for a loan to buy more stocks of soft drinks, seasoning, coffee, vinegar, rice, cooking oil and canned goods. In the future, Eladia hopes to continue her business, making it more sustainable and prosperous.
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.