Emma Peregrina is a 56-year-old married woman with six children from Baclayon, Bohol. She has been in the sari-sari (variety) store business for 30 years. She sells items like soft drinks like Coke and Pepsi, rice, canned goods, soap, coffee and toiletries.
She plans to use the loan to buy additional merchandise like soft drinks, canned goods, coffee and toiletries. In the future, she would like to expand her business to be successful and at the same time to send her children to school.
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.