Lyra is a 41-year-old married woman from San Miguel, Bohol and the mother of five children. She has run a sari-sari or variety store business for more than 10 years now. She is also in the rice farming business.
Lyra is asking for a loan to buy additional stock to sell like canned goods, candies, rice, soap and toiletries. Lyra believes that this loan could help her in expanding her business and in making it more sustainable.
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.