Maria Eda is a 47-year-old married woman from Talibon, Bohol. She has 3 children, ages 18, 17 and 7 respectively. She is engaged in a pottery making business. She makes pots for flowers and decorative jars for indoors. To be able to continue its operation, Maria Eda requested a loan of 25,000 PHP to buy materials used in pottery making, as well as lumber and nipa for where the pots are being stored. In the future, Maria Eda would like to expand her pottery making business to support her family and also to save for the education 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.