Erna is 45-year-old woman from the town of CPG, Bohol. She is married and has 7 children ages 9-23. Her husband works as a farmer and she has helped by weaving mats for 5 years now. Usually her mats are used for sleeping. She is asking for a loan to buy buri leaves and dye for coloring. Any income generated from this venture goes towards food for the family and school fees of her children.
In the future, she hopes to make her business more profitable for her children.
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.