Marife is a foo vendor from the town of Loon, Bohol. She is a married woman and has three school-aged children.
Marife is asking for a loan to buy more ingredients for food production like meat, vegetables, seasonings, and cooking oil. With this loan, she will be able to cook and sell more food to the people in her locality. In the future, Marife dreams of expanding her eatery/cafeteria so that she will be able to cater to more customers thus augmenting her profits 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.