Sabina is a 61-year-old woman from the town of Bien Unido, Bohol. She is a widow with 8 grown children. She started operating a sari-sari store business (general store) 3 years ago. Sabina's challenges include her limited funds to replenish her stock on time. She is asking for a loan to buy rice, feed, soft drinks, canned goods and liquor. Any additional income that she will generate will be used for daily family consumption and reinvestment in the same business.
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.