Susan is a 35-year-old married woman from Ubay, Bohol. She has three children. Her eldest child is 13 years old, and her youngest is 9 years old. She has operated a fish selling business for seven years now. She also runs a small sari-sari (variety store) business as her second business. Her husband is a habal-habal (motorcycle transportation) driver. These are her sources of income.
Susan requests a loan to provide additional capital for her fish selling business. She will also use the loan to buy assorted goods for her sari-sari business. Susan is going to buy and sell fish for her business. She also wants to buy assorted goods including canned goods, noodles, toiletries, snacks, candies, seasonings, and spices. Through this, she can earn more income.
In the future, Susan hopes to expand her business and educate 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.