Alicia is a 49-year-old married woman with three children. The oldest child is 16 years old. Alicia lives in the town of Surallah, South Cotabato where she has a farm and a sari-sari store business.
Alicia grows rice crops on her land and sells her harvest at the market. At her sari-sari store, she sells items like vinegar, soy sauce and dried fish. Alicia plans to use her loan to purchase fertilizers and more items to sell such as dried fish and canned goods. She hopes to have a stable income that will sustain her family and her children’s education.
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.