Claudia is a 59-year-old married woman and the mother of two grown-up children. Claudia lives with her family in Sikatuna, Bohol. She is engaged in food vending and clothing and cosmetics sales. This is the source of her income. Claudia is asking for a loan to buy ingredients for food vending like flour, sugar, baking soda and oil and additional cosmetics and clothing for her clothing sales. Through this, she will be able to sell more and increase her sales and profit. In the future, Claudia hopes to make her business a success and profitable.
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.