Ma. Hydee is 38 years old and is a married woman with a 4-year-old child. She has had a sari-sari store for three years. She earns 5,000 PHP per month selling items like snack foods, soy sauce, vinegar and canned goods. Ma. Hydee does her best to give the best service to her customers and keep them loyal to her store. One of her goals is to make improvements to her family's house.
She plans to use her loan to buy additional items to sell such as toiletries, noodles and snack foods. Ma. Hydee hopes her loan will help increase her income and enable her to achieve her goals.
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.