Victoriana is a 59-year-old married woman from Baclayon, Bohol. She has four adult children. She has been in the sari-sari (variety) store business for 10 years. She sells commodities like canned goods, soap, noodles and toiletries.
She requested a loan of 30,000 Philippines pesos to have additional capital to purchase more merchandise to sell, like canned goods, soap, toiletries, sugar, vinegar and soy sauce.
In the future, Victoriana would like to expand her business in order to construct a huge and spacious grocery store, and at the same time, alleviate her family's financial status.
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.