Juliet is a 22-year-old single woman from Cortes, Bohol, Philippines.
She has been engaged in a food vending business for sometime now. She sells home-cooked snack foods to the people in her place.
Juliet wants to expand her business but lacks the resources to do so. She would like to take a loan from CEVI to buy additional ingredients for food vending like flour, sugar, margarine, cooking oil and others. With this, she will be able to cook and sell more snack food to the people in her place, thus augmenting her sales and income.
In the future, Juliet hopes to make her business a success so that she will be able to earn more and repay her loan.
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.