Silvera is 34 years old and is a married woman who lives in the town of San Miguel, Bohol. She runs a sari-sari (variety) store business where she sells items like coffee, soap, soy sauce and canned goods. Silvera earns 2000 PHP per month with her business.
Silvera has requested a loan to buy more items to sell such as canned goods, snacks and soft drinks. Silvera plans to use her extra profit to pay for her children's school fees.
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.