Lorna is 48 years old. She is married and has three children that are two, 10 and 15 years old. She has operated a sari-sari store (general store) business for a year-and-a-half. She sells shampoo, soap, coffee, vinegar and various other items. She also sells gasoline to members of her community.
Lorna is requesting a loan in order to buy more merchandise such as canned goods and gasoline to sell. She hopes to increase her income so that she can save for her children's college education.
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.