Angeline is a 25-year-old married woman and a mother of four young children from Talibon, Bohol, Philippines. She and her husband have been running a motorcycle business for more than five years now. This business is the source of their income. Angeline is asking for a loan to buy spare parts for the motorcycle and to pay for its maintenance. To generate more income necessary for her family's needs, especially for her children's education, she dreams of improving the business and exploring another venture.
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.