Lorna is a 48-year-old married woman and mother of three young children from Trinidad, Bohol, Philippines. Lorna is engaged in a food vending business. She cooks food and sells it to the people in her place. She also runs a sari-sari or convenience store selling various goods.
Lorna is asking for a loan to buy more ingredients for her food vending business, such as lour, sugar, butter, milk, and groceries to sell in her store. Lorna believes that she can improve her business through this loan.
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.