Vilma is a 37-year-old married woman and has three children ages fourteen, ten, and eight years old. She has been involved in a buy and sell business for 10 years now. This is the source of her income that allows her to provide for her family's daily needs.
Vilma is requesting for a loan to buy a basin, a stock pot, a kettle, a bolo knife, and a saw tool. With the use of the loan, she can buy and sell the mentioned items to increase her profits. The people in her community will not need to go to a store to buy these items and will just go directly to her.
In the future, Vilma dreams of expanding her business. She also wants to have a small piggery.
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.