Veneranda is a 53-year-old married woman with children from Talibon, Bohol. She owns a sari-sari store and at the same time has been selling food and vegetables for many years. This is the source of her income. Her husband is a tricycle driver.
Veneranda is asking for a loan to buy fish, vegetables, and other items for her sari-sari store. Through this loan, she will be able to buy more fish to sell and at the same time there will be enough items like toiletries, canned goods, beverages, seasonings, milk, coffee, etc. in her store so that she can attract more customers.
In the future, Veneranda dreams to expand her business.
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.