Leonora is a 39-year-old married woman from Talibon, Bohol. She has four children. The oldest child is 20-years-old while the youngest is 12.
She has a business selling snack foods. She makes banana cue (deep-fried saba (banana) covered with caramelized brown sugar) and sells it to nearby schools. Aside from her food business, Leonora also farms seaweed. She grows seaweed and harvests at a period of time in order to earn additional income. She has been selling banana cue for more than five years now.
Leonora has requested a loan of 6,000 PHP in order to buy more bananas and additional seaweed seedlings. In the future, Leonora hopes that she will be successful in both her businesses in order to provide her children with quality education.
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.