Ma. Cecelia runs a food vending business in her place in Panglao, Bohol. Ma. Cecelia is asking for a loan to buy ingredients for food vending like meat, vegetables, cooking oil and seasonings. With this, she will be able to cook more and sell more thus increasing her income and profit. In the future, Ma. Cecelia hopes to expand her business and makes it a success.
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.