Margarita is a vegetable vendor from Ubay, a town in Bohol. She grows some of the vegetables herself and buys additional stocks from neighboring farms in her community to sell at the market.
Margarita is requesting a loan from CEVI in the amount of PhP 5,000, which she will use to buy more vegetables to offer for sale at the market. With this investment, she will be able to improve her business as well as her earnings.
Her goal is to increase her savings.
She is confident that she will repay her loan on time.
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.