Elisa is a 52-year-old woman from Tagbilaran City. She has two grown children. Elisa has been engaged in manicure and pedicure services in her neighborhood. She was able to make a name for herself after many years of having this as her livelihood. She is also a dressmaker. She is asking for a loan to buy nail polish, cuticle remover, nail nippers, cloth and threads.
The income that she generates from these businesses allow her to buy healthy meals for herself and takes care of other household expenses like electricity and water. In the future, Elisa would like to invest in other business ventures to improve her status of livelihood, and at the same time save in preparation for old age.
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.