Helena manages a sari-sari store. She is 41 years old with three children. The eldest child is 18 years old. She lacks capital to run her business. That’s why she sought help from Community Economic Ventures, Inc. for a loan of 15,000 PHP. This will help her buy more stocks of groceries for her store. With the profit she will earn, she can send her children to school and provide the needs of her family.
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.