Chandrina is a 34-year-old married woman with three children - one boy and two girls - ages 8 years old, 1 year old and 1 month old. She has been engaged in a sari-sari or variety store business for eight years now. She usually earns about 6,000 Php per month. Her husband is a fisherman. This is the main source of their income.
Chandrina is requesting a loan for additional capital to be used in her business. Through this loan, she will be able to buy additional stock items for her store. In the future, Chandrina dreams to be successful in her business so that they will have enough money to be used in building their house and for the education 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.