Conchita is a 55-year-old married woman and mother of five children. She is from San Miguel, Bohol. Conchita has been engaged in tuba (coconut wine) vending, farming, and raising hogs for several years now. Her husband works as a farmer. Conchita works hard to support her husband to meet the needs of her family. She is planning for the expansion of her business but lacks capital.
Conchita is requesting a loan to buy fertilizer for her crops, feed for her pigs, and more coconut wine to sell in the neighborhood. In the future, she dreams of exploring new business ventures to augment her income.
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.