Ana Marie is a 30-year-old married woman and a mother of two young children. She runs a retailing business in their place in Bohol, Philippines. She sells household materials such as basins, slippers, kitchen utensils and other items. Moreover she is also in the hog raising business.
Ana Marie is requesting a loan worth 16000PHP to buy additional inventory to sell in her store such as household materials and additonal piglets to raise. She is optimistic that this loan could make her business sustainable and productive.
Ana Marie hopes to expand her business in the future to generate more income. In addition to this, she wants to save for the future schooling of her two young 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.