Nuera is a 56-year-old married woman with two children, age 25 and 26. Her husband works as a collector for an insurance company.
Nuera has had a sari-sari store business for 12 years. She sells items like cooking oil, biscuits, canned goods and soft drinks. Nuera is able to provide for her family's daily needs through her business.
She requested a loan to buy more items to sell such as sacks of rice, soft drinks and medicine. Nuera hopes for her business to grow.
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.