Vernilyn runs an eatery in her place in Getafe, Bohol, Philippines. She has been in this business for more than 5 years now.
Vernilyn is asking for a loan to buy additional ingredients for her food vending business such as meat, vegetables, seasonings, and other items. With this loan, she will be able to cater to more customers in her eatery and will be able to increase her income.
In the future, Vernilyn dreams of expanding her food vending business and saving money for the education of her 8-year-old 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.