Arlen runs a sari-sari (variety) business to earn a living. She has run her store for more than a year now.
Arlen is requesting a loan to buy additional stocks of soda, snack food, dry goods, seasoning, and other products to sell. She will use her loan to cater to more buyers and improve her income. Arlen also wants to save money to help her husband to send their children to school for better learning.
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.