Veronica is a married woman with 5 children. She is 46 years old and has had a sari-sari store business for 5 years.
Veronica sells items like canned goods to the people in her community. She usually earns about 4,000 PHP per month through her sari-sari store. Veronica also raises pigs in her backyard. She fattens the pigs and sells them at the market.
Veronica is requesting a loan of 12,000 PHP to buy more items, such as noodles and spices, to sell. She also plans to buy feeds and vitamins for the pigs. Veronica hopes to have a stable business.
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.