Germocila is a 45-year-old married woman from Tagbilaran City, Bohol. She has seven children. The youngest child is nine months old while the oldest is 24. She is involved in a hog-fattening business. She raises pigs.
Aside from the hog-raising business, Germocila runs a sari-sari (variety) store. She sells items such as sugar, coffee, condiments, noodles, toiletries and canned goods. Her husband is a carpenter. She requested a loan of 12,000 PHP to buy additional piglets, feed and groceries to sell in her store. In the future, Germocila would like to expand her business to support her family, and to save so she is able to send her children to school.
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.