Melencia is a 46-year-old married woman from Alicia, Bohol. She is a mother of five school-age children.
Melencia operates a barbershop in her place. This is the source of her income. Melencia is applying for a loan to buy additional materials for her shop like scissors, powder, hairstyling cream and other materials.
In the future, Melencia hopes to make her business successful and sustainable. She dreams of experiencing a more comfortable life and seeing her children as successful professionals someday.
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.