Marilou is 42 years old from Trinidad, Bohol. She is married with 5 children. Her eldest is 18 and her youngest is 5 years old. Marilou and her husband are engaged in a bakery and a welding shop, and also in refrigeration and television repair services. This business started 10 years ago. This is her family's main livelihood to support the needs of her children. She is asking for a loan to buy electronic tools like wrenches, screwdrivers, hammers, pliers, and also bakery ingredients like flour, sugar and margarine. These will make them more productive in their business. The income that they will generate from these businesses will be used to buy healthy meals for her family and pay for school fees.
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.