Ma. Gina is a 44-year-old married woman and a mother of five children in Talibon, Bohol. She has been running a sari-sari or variety store business for more than nine years now. She sells various goods and items to the people in her place.
Ma. Gina needs a loan for the expansion of her business. With this intent, she joined CEVI to apply for a loan to buy more stock to sell like canned goods, rice, corn grits, sodas and other beverages, soap and toiletries, etc. With this, she will be able to attract and cater for more customers in her store.
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.