Lucila is a 60-year-old married woman from Garcia, Bohol. She has three children. The oldest is 24 and the youngest is 18-years-old. She's involved in a mat weaving business. She has been in this business for 20 years now. This is the source of her income. Lucila is requesting for a loan to buy buri (palm leaves) and wicker.
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.