Ronaflor is thirty-five years old, married, with two children aged three and nine. She has had a sari-sari store business for eleven years. She sells various items like soft drinks, eggs, and toiletries. Ronaflor also sells barbecue to her neighborhood. Her income is used for her family's basic needs, which makes it hard for her to replenish her inventory rapidly.
Ronaflor is requesting a loan to buy more barbecue ingredients and more merchandise to sell. She hopes this loan will help increase her business 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.