Erlinda is 39 years old, married and the mother of three children. She and her family live in Talibon, Bohol, where Erlinda earns a living by running a sari-sari or variety store where she sells various goods to people who live in her community. She is requesting a loan to buy additional items to sell to her customers, including canned goods, chips and biscuits, soda, rice, noodles, and toiletries. This loan will allow her to attract more customers and increase her business and her income. In the future, Erlinda hopes to expand her business and make 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.