Maria has run a sari-sari store for four years, where she sells various items like spices, soap, shampoo, softdrinks, and canned goods. She wants to help provide for her family’s basic needs. Maria has three children, ages 3, 8 and 11, and she hopes to continue to educate them and to send them to college in the future.
Maria is requesting a loan to buy more merchandise to sell, such as canned goods, softdrinks and toiletries. This will help increase Maria’s sales and profits.
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.