Maria Elena has been engaged in her distilled water retailing business for more than 15 years. She is also involved in food sales. She is married and has five children. Maria Elena is asking for a loan to buy more gallons and containers for her purified water refilling and retailing business. With additional gallons, she will be able to refill it with purified water and sell it to the people in her place. Through this loan, she will be able to improve her business and augment her 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.