Ritchie earns a living with her sari-sari, or variety store, business. She lives with her husband and her four young children in Bohol, Philippines. Ritchie has been in this business for several years now.
Ritchie is requesting for a loan to buy soda, canned goods, snack food, toiletries, and other goods to sell in her store.
In the future, Ritchie hopes to expand her business. Any additional revenue generated from it will be used for reinvestment and the school expenses of her children.
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.