Vanessa is 32 years old and from Loon, Bohol. She is married with two children, ages 3 and 7. For five years now, she has been engaged in food vending and operating a sari-sari (convenience) store. She sell home-cooked meals like noodles and sauteed vegetables, as well as biscuits, seasonings and toiletries. She is asking for a loan of 7,000 PHP (Philippines pesos) to buy fuel (liquified petroleum gas), biscuits and spices.
She hopes to make a success out of her business someday. In the future, she hopes to send her children 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.