Josie is 58 years old, married, and has three adult children. She is from Talibon, Bohol and is engaged in a food business, selling home cooked foods to the people in her area.
Josie is requesting a loan, which she will use to buy additional ingredients, such as meat, vegetables, cooking oil, and seasonings. Josie believes that this loan will help her improve her business.
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.