Jenefer B. owns small sari-sari store. She sells rice and varoius goods to people around their village. She is 30 years old and two kids. She wanted to grow her business but needs additional capital to make it sustain.
She is requesting a loan of Php 15,000 from Community Economic ventures Inc. She will use the loan to buy additional merchnadise to be able to attract customers and increase her income.
She likes that CEVI is not jsut giving loans to everybody but education as well to business and money savings.
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.