Vernilyn is a married woman from Getafe, Bohol. She has an eight-year-old son. She runs an eatery. She sells home-made meals like tinolang isda (soup with fish), fried chicken, stewed vegetables, meat and other native menu items. She has been running an eatery for almost 5 years. She requested a loan of 16,000 PHP to buy more ingredients such as pork, chicken, meat and an additional table and chairs. This will help her to provide her customers with good food and quality services. In the future, Vernilyn would like to improve her livelihood status and send her child to school.
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.