Perpetua is 69 years old, and she lives in Baclayon, Bohol. She is a food vendor from her home. She cooks different snack foods and other dishes to sell to her neighbors.
Perpetua is asking for a loan so she can sustain her business while also looking after her basic needs. She will use the loan to buy ingredients like meat, vegetables, rice, and drinks that she can resell for an income.
All of Perpetua's children are grown, but she hopes to have a better income, so she will not have to depend on them. In the future, she hopes to have enough savings so she can retire in comfort.
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.