Visetacion is a 39-year-old married woman and a mother of two children ages 16 and 14. Visetacion is engaged in a food vending business selling cooked foods to the people in her community in San Miguel, Bohol.
Visetacion wants to expand her business but lacks the financial resources to do so. She is asking for a loan to buy cooking ingredients like meat, vegetables, seasoning, cooking oil and other items. Through this, she will be able to cook more food to sell.
In the future, Visetacion dreams of improving her business and saving money for the schooling of her children.
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.