Renalwa M. is from Baclayon, Bohol. Her business is a sari-sari (variety) store. Her age is 59. And the year she started a business is 2004. She has been selling various types of goods to earn a living for her family. Like any other businessperson, she has been aiming for success in her business to save for her grandchildren.
The loan she seeks from CEVI, a Kiva partner, is for Php 4,000. She will buy additional merchandise for her sari-sari store. She thinks that by doing so, she will be able to attract more customers.
She has been blessed that she joined the CEVI program. She receives not only loans but training and insurance coverage as well.
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.