Miriam is a 48-year-old married woman from Talibon, Bohol. She has three children. The oldest child is 21 while the youngest is eight. She is engaged in a food vending business. She sells hot cakes. She has been selling snack foods for almost 10 years. She requested a loan of 5,000 PHP to purchase additional ingredients such as flour, sugar, mayonnaise and butter. This will help Miriam's business to survive, especially as the income is such a great help, especially in the family's daily needs.
In the future, Miriam would like to expand her business to support her family as well as to send all her children for college education.
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.