Charisse is a 28-year-old woman from Baclayon, Bohol, Philippines. She has four young children, two boys and two girls. She has engaged in a candle making business for 6 years now and earns 13,000PHP monthly. This is her only source of income.
Charisse is requesting a loan to buy paraffin wax, wicks and containers. Thes are the materials used to make candles. With this loan, she will be able to buy these materials and continue making her candles to sell in her local community and in church.
In the future, Charisse hopes to expand her business and be profitable. She wants to send all her children in school so they have a better future.
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.