Leoncia is a 38-year-old married woman from Bohol, Philippines. She has a 13-year-old son. She is engaged in a recycling and scrap-buying business. Leoncia also raises hogs.
Leoncia is asking for a loan worth 10,000 PHP to be used as additional capital for her recycling and scrap-buying business, to buy feeds for the hogs, and for the educational expenses of her son. Leoncia dreams of expanding her business to generate more revenue. She also wants to send her son to school for a better education.
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.