Ricarda is 41 years old from Antequera, Bohol. She is married with six children ages 1-20. Her husband works as a driver. Ricarda is into making baskets for an income. This business started 18 years ago. Her income helps pay for the basic household needs like electricity and school fees.
She would like to sustain her business and she is asking for a loan of 4,000 PHP to buy raw materials like buri (native palm), rattan and nylon. She is optimistic of what hard work and dedication can do. She hopes to continue doing this business and to venture into other possible income-generating activity in the future. She also dreams of seeing her children become professionals someday.
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.