Maridel G. is from the town of Trinidad. She is 53 years old. Maridel is married and has three children. To make a living, Maridel owns & operates a general store selling a variety of different products in the local community. Maridel works hard to build her business.
Maridel joined CEVI to gain access to financial services to help improve her living situation and ability to engage in business activities. Maridel has successfully repaid a previous loan from CEVI. Maridel is requesting a new loan of 14,000 PHP, which will be used to purchase additional products to sell.
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.