Lilia is a 43-year-old married woman and a mother of six children. They live in Bohol, Philippines. Lilia is engaged in the motorcycle transport business. She is also engaged in a mat weaving business.
Lilia is asking for a loan to buy materials such as romblon or reed plants and straw for mat weaving. Lilia hopes to make her business a success. Moreover, she wants to augment her income so that she can support the needs of her family 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.