Cheryl is a 29-year-old married woman and a mother of four young children aged 10, 7, 5, and 3. She lives in Talibon, Bohol, Philippines, with her husband and her children. Cheryl runs a sari-sari (convenience) store selling various types of goods to the people in the community.
Cheryl dreams of expanding her business but lacks the financial resources to do so. With a loan from CEVI, Cheryl will finally be able to to buy more goods to sell in her store, such as shampoo, detergent, cooking oil, seasonings, biscuits, and candies. With the additional inventory, she will be able to cater to more customers and buyers.
Cheryl wants to save more money for her children's schooling. She also hopes to experience the fullness of life together with her family.
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.