Clea is the mother of six children from Bohol, Philippines. She has been in the food vending business for more than ten years now. Aside from that, she is also engaged in the business of raising hogs. Clea needs additional capital for the expansion of her ventures. She is requesting for a loan to buy feed for the pigs. In addition to this, she wants to buy ingredients for her food vending business: vegetables, cooking oil, seasoning, meat and others. In the future, Clea hopes to improve her livelihood.
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.