Alicia is a 59-year-old married woman and a mother of a grown-up daughter from Alicia, Bohol. She has run a sari-sari or variety store business for more than 10 years now. She sells various goods and commodities to the people in her locality.
Alicia is asking for a loan to buy additional merchandise to sell like canned goods, candies, snack foods, cooking ingredients, soap and toiletries. With this stock, she will be able to attract and cater to more buyers in her store, thus augmenting her sales and profit. In the future, Alicia has hopes of making her business a success and saving money for reinvestment in the same venture.
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.