Julie is a 44-year-old married woman from Talibon, Bohol. She is the mother of three children, ages 10, 18 and 21.
She engages in food vending. She makes suman (made from glutinous rice cooked in coconut milk, and often steamed, wrapped in buli or palm). She has been selling suman for three years. Her husband is a carpenter.
Julie lacks the finances to sustain her daily living. She requested a loan of 6,000 PHP to buy glutinous rice, sugar and food for the family so that she can serve her customers and get back to her normal livelihood activity.
In the future, Julie would like to expand her food-vending business to have an additional source of livelihood and continue to support the education 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.