Gaudiosa is a 58-year-old married woman from Baclayon, Bohol. She has three children. The youngest child is 16. She is engaged in selling various merchandise like household utensils, slippers and clothes. She requested a loan of 25,000 PHP to buy more merchandise to sell like slippers, garments and household utensils to supply the needs of her customers.
Gaudiosa would like to invest in other business ventures to generate more income as well as to expand her present business to support her family's basic needs including the college education of her youngest child for her bright future.
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.