Emma is a 44-year-old married woman with five children. She has a sari-sari store business in Talibon, Bohol. Emma sells items like soy sauce, vinegar, canned goods and eggs to the people in her community. She has requested a loan of 12,000 Philippine pesos to buy more items to sell such as canned goods and noodles. Emma hopes to expand her store in the future.
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.