Teresita is a 52-year-old married woman from Nocnocan, Talibon. She has operated a auto-repair shop together with her husband for more than twenty years now. They repair automobile failures and the like.
Teresita is asking for a loan to buy materials for mechanical services such as screw drivers, nuts and bolts and others. Through this, they will be able to cater to more customers, thus augmenting their daily earnings.
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.