Germie has two kids with her husband, Reynaldo. She is 47 years old and lives in Panglao, Bohol with her family. She has a Starex van that she rents to tourists who come to visit her town for a tour. She hopes her business will grow. She said that she’s also thankful because CEVI has trusted her with her loans. She is now applying for a loan of 20,000 PHP. She will use this loan to buy new tires and maintain her van.
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.