Antonia is a 63-year-old married woman from Getafe, Bohol. She has five grown children. She engages in a business buying and selling shells and empty bottles. She buys and at the same time sells empty bottles. She has been in this business for 17 years now. She usually earns 3,000 PHP per month. This is the source of her income.
Antonia is requesting a loan to buy shells, empty bottles and aluminum. Through this loan, she will be able to buy and sell. In the future, Antonia hopes to expand her business. She wants to build her own junk shop.
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.