Ismaelita is a 33-year-old mother of three children from the town of San Miguel, Bohol. She is married to a pastor. She is engaged in selling products from the Personal Collection company. Her business started 5 months ago and has helped in raising her children, who are 1, 4 and 6. She is asking for a loan to buy lotion, cologne and household cleaning agents. She works hard so she can send her children to school and offer them a brighter future. In the future, she hopes to expand her business and offer more affordable products and cosmetics from different companies.
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.