Mercedita is a 45-year-old married woman and a mother of a 15-year-old son from Ubay, Bohol. She earns a living by selling home-cooked foods to the people in her place.
Mercedita is asking for a loan to buy ingredients like sugar, flour, bananas, cooking oil and others. Through this, she will be able to cook more food for her customers.
In the future, Mercedita wants to expand her business.
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.