Lorgina is a merchant from the province of Bohol, Philippines. She is married and has two young children. She runs a sari-sari or variety store business and has been in the business for more than nine years now. Her husband works as a carpenter.
Lorgina is applying for a loan of 12,000PHP to buy additional merchandise to sell, like rice, soda, canned goods, noodles, toiletries and others. Lorgina is optimistic that this loan could help her in improving her business.
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.