Herminia is a 61-year-old married woman from Bohol, Philippines. She runs a blacksmith shop together with her husband for more than five years now. This is one of their sources of income. Her husband also works as a mechanic.
Herminia is asking for a loan to buy metal and flat bars and other materials for their shop. With this they will be able to improve their living and 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.