Carlosa, a 53-year-old married mother of six from Ubay, Bohol, operates a food vending business selling home-cooked foods to the people in her area. She is requesting a loan to buy additional ingredients to sell such as meat, vegetables, seasonings, etc. With this, Carlosa will be able to improve her business and earnings.
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.