Estela earns a living through her food vending business, selling home-cooked snack foods to the people in her community.
Estela is asking for a loan to buy additional ingredients, such as flour, sugar, cooking oil and margarine. With this, she will be able to cook and sell more, which will help improve her sales and income.
In the future, Estela hopes of making her business a success. Moreover, Estela hopes of saving money for the educational expenses of her children.
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.