Melagrosa is a 56-year-old married woman and a mother of a 21-year-old daughter from Bohol, Philippines.
Melagrosa has run a sari-sari store or convenience store business for more than 20 years now.
Melagrosa is asking for a loan to buy more stock to sell like rice, canned goods, noodles, biscuits and snack foods. With this, she will be able to improve her store and her income.
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.