Erlinda is a 54-year-old married woman and a mother of seven children. She lives with her family in San Miguel, Bohol. Erlinda earns a living through her food vending business. She sells home-cooked foods to the people in her place. Erlinda is asking for a loan to buy additional ingredients like flour, milk, sugar, margarine and others. With this, she will be able to cook and sell more, thus augmenting her sales and income.
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.