Arlen is 33 years old and is a married woman with children. She runs a sari-sari store business in Trinidad, Bohol. Each month, Arlen earns 3,000 PHP selling canned goods, sugar, soy sauce, vinegar and snack foods to her community. Arlen works hard to keep her customers loyal and increase her sales. She hopes to expand her inventory and increase her profit. She requested this loan to buy more items to sell such as soft drinks and canned goods. Arlen hopes for her business to grow.
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.