Elsa is engaged in a sari-sari store (convenience store) business in the community of Talibon, Bohol. She is 51 years old and has one adult son. While her husband is working as a driver, she is busy attending to her customers in her store.
Elsa would like to expand her inventory by adding more merchandise to her store. She is asking for a loan to buy rice, corn, soft drinks and snack foods. Elsa's loan will make a big difference in her business and will make it more attractive to her customers. Her increased income will provide food for her family and also pay for her electricity.
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.