Teresita, age 31, makes and sells calamay to earn a living. Calamay is a sticky, sweet delicacy made of coconut milk, brown sugar, and ground glutinous rice. She has been making and offering calamay for sale for 10 years.
Teresita and her husband have a 10-year-old son and live in Albur, Bohol.
She has requested a loan in the amount of PhP 12,000 PHP in order to buy ingredients for making calamay, such as glutinous rice, brown sugar, and coconut shells.
In the future, Teresita would like to invest in other business ventures in order to improve their standard of living, as well as to be able to send her child 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.