Maria Paz is a 44-year-old single mom with three children; ages 15, 17 and 27. She hails from Baclayon, Bohol. She has been in the dress-making business for four years. Aside from her dress-making business, she also caters vegetable meals for various occasions. Her children also create different kinds of stuffed toys for additional income. She plans to use the loan to buy cloth and a gas range use for cooking the vegetable meals. In the future, Maria Paz would like to expand her business to support her family and to send her children 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.