Catalina is a married, 63-year-old woman from Ubay, Bohol. She has three grown children. She has been engaged in selling beef in her local market for 12 years now. She earns 5000 PHP monthly as her only source of income.
Catalina is requesting a loan to pay for her business permit and to buy more meat to sell. Through this loan, she will be able to process her business permit with the fees so that she can have a location and can sell meat in the market.
In the future, Catalina hopes to expand her business .
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.