Ponciana earns a living through selling her coconut wine, known locally as tuba. She has been in the business for more than 25 years now. Coconut can also be fermented into a coconut vinegar. Ponciana is asking for a loan to buy more coconut juice/wine and containers. With this, she will be able to sell more and earn more profit.
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.