Lydia is a 39-year-old married woman and a mother of three children. They live in Getafe, Bohol, Philippines. Lydia has been engaged in the retail business for more than ten years now. She sells various goods and household items to the people in her area.
Lydia is asking for a loan to buy more stock to sell, like kitchenware, baskets, and other items. With this, she will be able to sell more to the people in her area, thus augmenting her sales and income.
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.