Vilma is a 39-year-old married woman from Talibon, Bohol. She has three children, ages 10-15. She is engaged in a buy-and-sell business. She sells items like mats, blankets, pots and plastic wares. She has been in this buy-and-sell business for five years now.
Vilma requested a loan of PHP 9,000 to buy more blankets, mats and plastic wares to attract more customers.
In the future, Vilma would like to expand her buy-and-sell business to provide her family with a better life and education for 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.