Andresa is a 54-year-old married woman and a mother of five children. They live in Panglao, Bohol, Philippines. Andresa has been engaged in a hog-raising business for more than 25 years now. She is also in a food-vending business, selling home-cooked snack foods to the people in her place. Her husband works as a carpenter.
Andresa is asking for a loan to buy feeds for the pigs and additional ingredients for her food-vending business like flour, sugar, milk and butter. With this loan, she will be able to improve her business, and eventually, her income. In the future, Andresa has hopes of making her business a success. Moreover, she wants to save money for the schooling of her children and to repay her loan on time.
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.