Jennifer is a 30-year-old married woman from Talibon, Bohol, Philippines, and the mother of three children. She has run a sari-sari or convenience store for more than four years now.
Jennifer is asking for a loan to buy additional merchandise to sell in her store, such as noodles, canned goods, candies, snack foods, soap, and shampoo. In the future, Jennifer wants to make her business successful and save money for the schooling of her 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.