Veronica is 41 years old, married, and a mother of five children, ages 2 to 16. She is from the town of Maribojoc, Bohol.
Nipa trees grows mostly near the rivers of Maribojoc. Veronica has been engaged in making nipa huts for five years now. Nipa huts are widely used by people who want to have a comfortable house. Nipa huts make a cool and comfortable home. Nipa is commonly used as a roof.
Veronica earns her income weaving nipa leaves. She is asking for a loan to buy more nipa leaves that she can weave. Her profit will help send her children to school. In the future, she hopes to have other business options for a better income to meet the needs 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.