Rose Mary is a 51-year-old married woman from Loon, Bohol. She has two grown-up children. She engaged and owns a sari-sari (variety) store. She sells commodities like canned goods, beverages, eggs, condiments and soap to the community. Aside from her sari-sari store business, she also sells Avon products like perfume, ladies' apparel and beauty products. She requested a loan of 12,000 PHP to purchase more commodities to sell like rice, soft drinks and Avon products. In the future, Rose Mary would like to expand her business to have a sustainable livelihood as well as to save for old age.
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.