Elizabeth is 48-year-old married woman with one 23-year-old daughter from Garcia Hernandez, Bohol. She has been engaged in a business buying and selling for two years with the help of her daughter. This is the source of her income. She earns 5,000 PHP monthly. Her husband is a farmer.
Elizabeth is requesting a loan to buy t-shirts, shoes and pants. By the use of this loan, she will be able to buy these things and then sell them to her local community to gain profit.
In the future, Elizabeth dreams of expanding her business and reconstructing their home.
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.