Erlinda is a 43-year-old married woman from Talibon, Bohol. She has nine children. The oldest child is 25, while the youngest is 10.
She operates a buying and selling business. She sells purified drinking water to customers in the community. Aside from selling purified water, she also sells medicines to augment her income.
She requested a loan of 10,000 PHP to buy more gallons of purified water and various medicines to resell.
In the future, Erlinda would like to expand her business to support her family and to finance the study of 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.