Joselinda is a 34-year-old married woman and mother of two children from Bohol, Philippines. She has been engaged in a sari-sari or convenience store business for more than ten years now. She sells a variety of items to the people in her community. The business provides her the income that she needs for their daily expenses.
Joselinda works hard to assist her husband in making ends meet. As of now, she is in need of additional funds for her store. Joselinda is requesting a loan worth 10,000 PHP to buy additional merchandise to sell like snack foods, canned goods, soap and others. With this, she will be able to attract and cater for more customers in their locality thus augmenting her sales and profit.
Joselinda dreams of making her business a success so that it will generate income enough for their needs and for the school expenses of her children.
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.