Archelie is a merchant from Panglao, Bohol. She is a married woman and has run a fashion accessories shop for more than two years now. Her husband works as a driver. Archelie is asking for a loan to buy more shells for her handicraft business. With this loan, she will be able to create more accessories from shells. In the future, Archelie has hopes of making her business a success and sustainable. Moreover, she wants to save money for the future schooling of her young son.
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.