Sylvia is a married woman with 2 children. She is 45 years old and has had a sari-sari store (convenience store) for 10 years.
Sylvia sells items such as canned goods, coffee, and shampoo to the people in her community. She is able to provide for her family's daily needs through her business.
Sylvia is requesting a loan of 5000 Philippine pesos (PHP) to buy more items to sell such as rice, canned goods, and soft drinks. In the future, she hopes 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.