Erlinda is 43 years old and is a married woman with nine children aged between nine and twenty-four. Erlinda sells purified water to her community in Talibon, Bohol. She also sells bags, men and women's shirts and accessories. She earns 5,000 PHP per month with her business. Erlinda works hard to increase her income and sustain her children's education. She plans to use her loan to buy more items to sell such as bags, shirts and purified water. Erlinda hopes for her business to grow in the future.
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.