Nemesia was fond of making dresses and other clothes even when she was younger. Now that she is 58, married and has three children, she uses her skills to earn a living. She set up a space at her house that serves as her tailoring shop. She hopes to improve her space so she can work better. She applied for a loan of PHP 10,000 from Community Economic Ventures, Inc. The loan will be used to buying cloth, thread and other materials she needs for tailoring.
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.