Vicky is 48 years old and is a married woman with 5 children. The oldest child is 27 years old and the youngest is 17. Vicky has had a sari-sari store for 2 years. She sells items like noodles, detergent soap and purified water. She earns about 2000 PHP per month from the store. Vicky also cooks viands that she sells around the neighborhood during lunch time.
Vicky requested a loan of 5000 PHP to buy more items to sell such as noodles, shampoo and purified water. Vicky hopes to earn better and be able to expand her store.
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.