Angelie is 20 years old and married with a one-year-old baby girl. Her husband makes handicrafts for an income. She and her family live in Bien Unido, Bohol. Angelie is a hardworking woman that, despite having to take care of her baby, still manages to be a food vendor selling home-cooked snacks like banana cue (deep-fried bananas in caramelized sugar). She is asking for a loan to buy more bananas, cooking oil and brown sugar. Angelie hopes to have another business someday so she can provide for her child.
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.