Vinda is a 43-year-old married woman from Albur, Bohol. She has 7 children. The oldest child is 23 while the youngest is 4. She is engaged in making calamay. Calamay is made from ground rice, coconut milk, brown sugar, peanut butter and margarine and it is packaged inside a coconut shell fastened by a red strip. She has been making calamay for 20 years. She requested a loan of 14,000 PHP to buy more ingredients like glutinous rice, brown sugar and empty coconut shells. Vinda would like to expand her business to continue to support her family and also to be able send her children to school to provide them a bright future.
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.