Bonifacia, 37, is from San Miguel, Bohol. She is married with six children ages 1 to 14.
Bonifacia is engaged in a food vending business. She usually likes to sell home-cooked snacks like deep-fried bananas and pancakes. Her business started two years ago.
She is asking for a 10000 PHP loan to buy flour, bananas and cooking oil. She hopes that through this loan, she will have a better income with an increase in her production. The profit will help her pay her children's school fees as well as buy food for them.
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.