Erna is a 43-year-old married woman with four young children from Talibon, Bohol. She has been involved in a buy and sell business for 8 years now. Her monthly earnings with this business is 15,000 PHP. This is the source of her income.
Erna is requesting for a loan to buy garlic, chlorine, pepper, tawas, and alum. These products will be repackaged into smaller amounts for sale.
In the future, Vilma dreams of expanding her business so that she can send her children to school.
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.