Marlyn and her nine-year-old daughter live in the town of Antequera, Bohol where she makes and weaves baskets for an income. She also raises hogs for a profit. She has been struggling to provide for her child because she is not earning much income from her business due to limited capital. Marlyn is asking for a loan to buy feed, nylon, buri and rattan. The availability of the needed materials will help Marlyn to be more productive in her basket making business and to produce fattened hogs. A successful business will allow her to buy food for her family and send her daughter 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.