Erlinda is a merchant from Talibon, Bohol, Philippines. She is married and has three young children. She has been running a grocery store for several years now. This is the source of her income.
Erlinda sell various products in her store to the people in her locality. However, she needs more funds for the expansion of her venture. She is asking for a loan worth 26,000 PHP to buy more stock to sell in her store such as bread and biscuits, soda, cooking ingredients, washing materials, shampoo, and many more items. With this loan, she will be able to augment her stocks and attract more customers to buy in her store.
In the future, Erlinda wants to make her business a success. Moreover, she wants to continually send her children to school for better learning and education.
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.