Aquilina is a 58-year-old married woman from Talibon, Bohol. She has five children. The eldest is nine years old, and the youngest is three years old. She engages in a ukay-ukay or ready-to-wear clothes business. She has been in this business for 13 years now. This is the source of her income.
Aquilina is requesting a loan to buy ready-to-wear (RTW) clothes. She will buy and sell these clothes in her local area. By the help of this loan, she will buy clothes and sell them in her area to supply the needs of her family.
In the future, Aquilina hopes to expand 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.