Leonarda is a 36-year-old married woman and the mother of a nine-year-old child. To earn an income, she has run a variety store in her hometown of Antequera, Bohol, for more than ten years. Her husband works as an architect.
Leonarda is asking for a loan to buy more stocks of items to sell in her store, such as canned goods, soda, snack foods, and toiletries. With these items, she hopes to attract more customers and buyers, thus increasing her sales and profits. In the future, Leonarda hopes to make her business grow.
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.