Catalina is a 36-year-old married woman with five children from Panglao, Bohol. She runs a food vending business selling snack foods such as tempura and other items. This is the source of her income. Catalina is asking for a loan to buy ingredients for her business like flour, cooking oil, and seasonings. Through this, she will be able to sell more thus augmenting her sales and 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.