Enriqueta is a 56-year-old merchant from Ubay, Bohol. She sells auto fuel enhancer, serving as a supplier to nearby auto shops in her community. Enriqueta needs a loan to buy more fuel enhancer. With this, she will be able to increase her inventory, which will allow her to distribute more to her customers. In the future, Enriqueta hopes to expand her business, save money to reinvest in the business, 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.