Meriam is a 42-year-old married woman from Bien Unido, Bohol. She has three children. The oldest child is 22, while youngest is 6.
She operates a retail store. She sells commodities like biscuits, canned goods, soaps and condiments. Meriam requested a loan of 14,000 PHP (Philippines pesos) to buy additional merchandise to sell like soft drinks, canned goods, sugar, soaps and garments.
Meriam would like to invest in other business ventures to augment her income to support her family's basic needs, including the quality education of her children.
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.