Cecilia is a 41-year-old woman from the town of Corella, Bohol. She is married with 6 children. The oldest child is 23 years old and the youngest is 2 years old. Cecilia's husband works in maintenance at a private school to support their family. Cecilia operates a snack food vending business. She sells banana cue (fried banana with caramelized sugar), ice candy and hot cake. Her business started four years ago. She is asking for a loan to buy additional supplies, such as flour and rice, to continue her livelihood activity of food-vending.
In the future, Cecilia hopes to expand her food vending business and increase business profitability for her children’s education.
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.