Teresita is a 53-year-old woman from Carlos P. Garcia, Bohol. She is married with eight children. Teresita has been in the business of weaving mats to earn a living for her family since 2008.
She is asking for a loan to buy buri leaves and dye for her mat weaving. Her income will take care of food and some school fees of her children. She hopes that she can do more for her business so she can provide better for her family.
In the future, she hopes to have a better chance of venturing into other business for an increased 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.