Violeta is a 30-year-old married woman with two young children. Her husband is a fisherman. Violeta has had a sari-sari (variety) store business for four years. She sells sugar, vinegar, canned goods, and toiletries in her store. She earns 3,000 PHP each month. Violeta works hard to help provide for her family's basic needs and save for her children's future education.
Violeta is requesting a loan to buy more merchandise to sell such as biscuits, canned goods, and detergent soap. This will help increase Violeta's sales and profitability.
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.