Antonette is 24 years old, married and lives in Poblacion Albur, Bohol. She has a four-year-old son, and has earned a living for many years by selling food, including items such as fried chicken, meatballs and fish. She plans to use this loan to buy additional meat, rice, and soft drinks to sell to her customers. In the future, Antonette would like to expand her food-vending business so that she can pay for the education of her son.
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.