Carina is a 47-year-old married woman and a mother of five grown-up children from Talibon, Bohol. She has been engaged in an auto/car repair shop with her husband for more than ten years now. This is the source of their income. Carina helps her husband in running their shop.
As of now, they need additional supplies for their shop, but lack the financial resources to have them. With this, Carina joined CEVI to gain access to the loan services offered by the organization to entrepreneurs like her.
With a loan, Carina will be able to buy materials for the auto shop, like spare wheels, tires, nuts and bolts, fluid, air compressors, batteries, lubricants and other items. With this, they will be able to improve their shop and cater to more customers, thus augmenting their earnings.
In the future, Carina hopes to make her business successful and sustainable.
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.