Edna is a 29-year-old married woman from Antequera, Bohol. She has been engaged in a basket weaving business for several years now. This is the source of her income.
Edna works hard to earn a living so that she can help her husband in providing the needs of the family. She is requesting a loan to buy materials for basket weaving, such as buri (a native palm), wicker, straw, and others. With this, she will be able to weave more baskets to sell, augmenting her sales and income.
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.