Nilda is a 29-year-old married woman and a mother of two young children from Bohol, Philippines. She owns a 'habal-habal' or motorcycle. Her husband uses it to earn a living. A motorcycle is one way of transporting passengers from one place to another, especially in remote areas.
Nilda needs a loan to buy new nuts and bolts, a tire and to pay for the repair of the motorcycle. With this, they will be able to maintain the good working condition of the vehicle.
In the future, Nilda aims to improve their way of living and explore other ventures to improve their 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.