Eugenie is from Talibon, Bohol. She has been selling home-cooked meals in her restaurant for two years now. She is asking for a loan to buy more ingredients like vegetables, meat, seasonings, rice, and soft drinks. Eugenie is optimistic that with her hard work and perseverance, she can make a difference in the life of her family, especially for her parents. Her profits will pay for healthy foods for her family. She will also use some of her profits to reinvest in her business.
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.