Ma. Chona is a 44-year-old married woman and a mother of three children. She is from San Miguel, Bohol.
Ma. Chona runs a retail business, where she sells clothing and kitchen utensils to the community in her place. She has been in this business for more than 20 years now. She and her husband work together in their business.
Ma. Chona is asking for a loan to buy additional goods like t-shirts, pants and shorts for resale. With this loan, she will be able to improve her store and attract more customers and buyers, thus increasing 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.