Leonila is a 45-year-old married mother of four children, her oldest a 17-year-old student. She dreams of her children finishing college and having a bright future. Leonila has a small sari-sari store at her house in Trinidad, Bohol and also dries fish that she sells at her store and sometimes in the market. She hopes to earn better to sustain her children’s education. Leonila is now applying for a loan of Php 2,000 to purchase additional stocks for her store and also fresh fish that she can dry and sell.
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.