Paz is a 44-year-old married woman from Panglao, Bohol. She has six children. The oldest child is twenty-four and the youngest is nine. She is engaged in food vending. She sells snack foods and fruit juice to the nearby school. She has been in the food vending business for five years. Aside from food vending, she raises pigs.
She has requested a loan of 4,000PHP to buy more merchandise like fruit juice, feed for her pigs and additional piglets. In the future, Paz would like to expand her business by investing in other ventures to support her family and at the same time 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.