Cheryl is a 36-year-old, married woman from Alicia, Bohol and a mother of four children. She has run an eatery or carenderia in her place for more than six years, selling home-cooked foods to the people in her place.
Cheryl is asking for a loan to buy additional ingredients for food-vending, like meat, vegetables, and seasonings. With these ingredients, she will be able to cook and sell more, thus, augmenting her sales and income. In the future, Cheryl dreams of making her business a success and saving money for the schooling of 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.