Maria is a 56-year-old, married woman and mother of five children, from Nocnocan, Talibon, Bohol. She has owned and run a sari-sari (convenience) store for more than 30 years. This is the source of her income.
Maria wants a loan so she can stock up on items to resell in her store, such as noodles, canned goods, snack foods, seasonings and toiletries. Through this, she will be able to attract more customers to her store, thus augmenting her sales and profit.
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.