Vilma is a 38-year-old, married woman from Talibon, Bohol. She has three children, ages 14, 12, and 9 years old, respectively. She is engaged in a buy-and-sell business. She sells items like mats, changing dishes, stock pots, and blankets. She has been into this buy-and-sell business for almost five years.
Vilma requested a loan of PHP 6,000 to buy more blankets, mats, stock pots, and other kitchen utensils. In the future, Vilma would like to expand her buy-and-sell business to provide her children with proper diet and quality education.
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.