Felecidad is a 56-year-old married woman from Bien Unido, Bohol, Philippines. She operates a sari-sari or variety store business selling various goods and commodities to the people in her town. Felecidad wants to improve her stocks so that she will be able to attract and cater to more customers and buyers in her store. Felecidad is asking for a loan to buy additional merchandise to sell like canned goods, noodles, rice, chips, biscuits, soap and toiletries.
In the future, Felecidad hopes to make her business grow and profitable.
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.