Ma. Riza is a 28-year-old married woman from San Miguel, Bohol. She has one 4-year-old son. She has been engaged in a food vending business for three years now. She earns 3,000 PHP per month. This is the source of her income. Her husband works in a private establishment.
Ma. Riza is requesting a loan to buy meat, chicken, vegetables and seasonings. This are the ingredients of her food vending business; she sells in her local community. By the use of this loan, she will be able to buy these ingredients and sell prepared food.
In the future, Ma. Riza hopes to expand her business and to gain more profit.
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.