Luisa is a 61-year-old married woman and a mother of five grown-up children from Bohol, Philippines. Luisa runs a motorcycle repair and vulcanizing shop, a steel fabricating shop and a rice field. These are the sources of her income.
Luisa is asking for a loan to buy more steel for fabrication and farming materials like pesticides and fertilizer.
In the future, Luisa hopes of expanding her ventures to augment her income.
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.