Desideria is a married woman and the mother of nine children, from Bien Unido, Bohol. She is engaged in retail sales of cosmetics products, such as make-up, perfume and lotions. She is also involved in the rice-farming business. Desideria is applying for a loan to buy more fertilizer for the farm and to buy more products for her cosmetics business, such as perfumes and lotions. With this loan, she will be able to improve her business, as well as her income. In the future, Desideria hopes to make her business a success, and a sustainable one. Furthermore, she wants to save money for the future schooling of her children.
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.