Flora is a 61-year-old married woman from the town of Maribojoc, Bohol. She earns a living through her food vending business where she sells home-cooked snack foods. Flora needs a loan for her business to buy additional food ingredients such as flour, glutinous rice, sugar, and milk. With this, she will be able to cook more food to sell. Flora hopes of improving her business so that it will generate more revenue necessary for their needs and daily consumption.
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.