Patricia is 42 years old, married and a mother of two children from Talibon, Bohol. She is engaged in a food vending business selling roasted chicken. Her husband runs and operates a tricycle transport business. Patricia is asking for a loan to buy spare materials for the tricycle including nuts and bolts, wheel tires and screws. With this, they will be able to maintain the good working condition of the vehicle. In the future, Patricia aims to expand their two businesses and make them more profitable and sustainable.
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.