Olympia is a 52-year-old married woman and the mother of 10 children from San Miguel, Bohol. She is engaged in a retailing business selling cosmetics and other beauty products. She is also involved in food vending and a farming business. Olympia is asking for a loan to buy fertilizer and pesticides for the farm and additional stock to sell. With this, she will be able to improve her business and augment her 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.