Celestina is a 37-year-old married woman with four children. She works in a shop selling cosmetics and ready-to-wear clothes, and also works in a rice field for extra income.
Celestina has asked for a loan so she can buy some more cosmetics and clothes for her shop. In the future, she dreams of expanding her business and makes it more successful.
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.