Maria A. owns a sari-sari store business in their location. Aside from selling variety of goods, she also earns additional income by selling sand and gravel. She has been earning big from these businesses. Though, she is 66 years old already, she is still strong and very able to develop more enterprise for her family to enjoy.
She requested another loan from Community Economic Ventures Inc. She will use the loan to buy more merchandise to resell in her store. The loan as well will go far in buying more stocks of sand and gravel. She hopes that the loan will give her a good return of investment. Receiving this loan will not jsut lead her business expansion but earning big 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.