Claudia is a 50-year-old married woman and a mother of seven children from Panglao, Bohol. She has been engaged in a food vending business for more than 30 years now. She sells home cooked snack foods and bakes bread and sells it to the people in her area.
Claudia is asking for a loan to buy ingredients to make bread like flour, sugar, margarine, and cooking oil. With this, she will be able to improve her business and augment her income.
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.