Anecita is a 45-year-old married woman from Panglao, Bohol. She is a mother of a two-year-old daughter. She has been in the food vending business for ten years. She sells fish balls, saging nilusak (a pounded boiled banana mixed with sugar and grated young coconut), hot cakes (a mixture of four, sugar, butter and cooking oil), banana chips, and drinks like cold Nestea flavored tea.
She requested a loan of 6,000 PHP to buy more items to sell like flour, sugar, cooking oil, ripe banana, fish balls, grated coconut, and Nestea flavored beverage. In the future, Anecita would like to expand her business to invest in other ventures to provide a quality education for her child.
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.