Hermogina is a 47-year-old married woman and the mother of two grown children from Ubay, Bohol. She earns a living through her sari-sari, or variety store, selling various goods and commodities to the people living near her.
Hermogina is asking for a loan to buy additional groceries to sell, such as canned goods, noodles, candies, rice. soda, soap and detergents, cooking materials, and other ingredients. With this, she will be able to cater and sell more to augment her sales and profit.
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.