Reina is a 58-year-old, married woman and a mother of three grown up children from Bohol, Philippines. She is engaged in a food vending business selling home-cooked foods to the people nearby. This is the primary source of her income. Reina is asking for a loan to buy ingredients like meat, vegetables, seasoning and rice. With this, she will be able to cook and sell more food thus augmenting her sales and income. In the future, Reina hopes of making her business a sustainable one.
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.