Lucebel N., 27 years old, owns and manages a small sari-sari (variety) store and also has a farm. She has two children, her eldest child being 6 years old. She would like to ensure that her children have a better future.
Lucebel wants to have a bigger farm in the future and that is why she labors so hard to be able to save money to realize her dreams. She would like to apply for a loan of Php 11,000 from Community Economic Ventures Inc. She will use the loan to buy additional merchandise for her store and farm supplies for her farm.
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.