Apolonia is a 58-year-old, married woman from San Miguel, Bohol. She has two grown children. She is engaged in selling meat and chicken barbeque to customers in her community. In addition to barbeque vending, she operates a multicab ( a vehicle used to transport passengers). She requested a loan of 20,000 PHP to purchase spare parts, tires and gasoline for her multicab operation. In the future, Apolonia would like to expand her business, for a sustainable livelihood.
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.