Enrica is 45 years old from Valencia, Bohol. She is married with five children ages 3 to 14. Her husband works as a rice farmer. For eight years now, Enrica has been engaged in a food vending business. She sell siakoy (a fried dough twisted and sprinkled with sugar). She earns an average income of 6,000 PHP per month from this business. She is asking for a loan of 5,000 PHP to buy flour, sugar and vanilla extract.
In the future, she hopes to see her children graduate from College and be successful.
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.