Ma. Ligaya is a married woman from Tagbilaran, Bohol, Philippines. She has four children, ages 9, 7, 5, and 1 year. She has been engaged in a food vending and firewood selling business for some time now.
Ma. Ligaya works hard in order to support her family, especially the needs of her children.
She is requesting a loan worth 4,000 PHP to buy additional school supplies for her children and for the renovation of their house. She believes that this loan could be a great help to improve their lives.
Ma. Ligaya wants to increase her income from her business and she is planning to make other investments. Moreover, her foremost concern is the education and welfare of her children.
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.