Samuel is a 43-year-old married man and a father of two young children ages 12 and 10. He has run a sari-sari or variety store business for almost five years now in Bien Unido, Bohol.
Samuel is asking for a loan to buy additional merchandise to sell such as bread and biscuits, soap and shampoo, and toiletries.
Samuel is optimistic that if the loan is granted, he will be able to improve his store and attract more customers and buyers, which will improve his 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.