Kritel Marvie is a 24-year-old single mother with two sons ages three and two from Garcia-Hernandez, Bohol. She has been engaged in a food vending for 4 years now. This is the source of her income. She earns 2,500 PHP monthly. This is where she gets money for the whole needs of the family.
Kritel Marvie is requesting for a loan to buy bananas, sweet potatoes and sugar. With this loan, she will be able to buy fruit and make it into banana cue, camote cue or sweet potato cue. This food is suitable for merienda, or snacks.
In the future, Kritel Marvie dreams of expanding her business and earning savings so that she can educate her children.
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.