Felicitas is a 48 year old married woman and a mother of children. They live in Talibon, Bohol. Felicitas operates a sari-sari, or variety store business, selling various goods and items to the people in her area.
Felicitas is asking for a loan to buy additional stock to sell such as canned goods, rice, sugar, chips, biscuits, soap and toiletries. With this, she will be able to attract and cater to more customers in her store, thus increasing 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.