Susana is a 27-year-old married woman with three young children, ages 1, 6, and 8 years old. She has been engaged in a motorcycle transportation business for two years now. This is the source of her income. She earns 1,000 PHP monthly.
Susana is requesting a loan to buy gasoline, change the oil, and buy tires. Through this loan, her motorcycle will always be in good condition every time it is used.
Susana dreams of expanding her business in the future. She also wants to have another motor and fishing paraphernalia.
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.