Norberta is a 56-year-old married woman from Panglao, Bohol. She has eight children. She operates a motorcycle transport business in the community. She has been operating this business for eight years, and it earns her PHP 5000 a month.
Her husband is a farmer. He grows rice as another source of income. Norberta requested a loan of PHP 21000 to buy fuel and to maintain her motorcyle, including changing oil and tires so she can continue to serve her customers without delays. In the future, Norberta would like invest in other ventures to support her family, as well as for sustainable quality of living.
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.