Placida is from the town of Talibon, Bohol. She is 62 years old and married with four adult children. Placida's husband has been a tinsmith for five years. As a wife, she helps by making the necessary preparations of the materials. This has been their business that provides food for them. She is asking for a loan to buy sheets of iron and tin so they can produce more goods.
In the future, Placida hopes to save enough money so they can retire in comfort.
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.