Lucena is a merchant from San Jose, Talibon, Bohol, Philippines. She is a married woman and is engaged in the charcoal-selling business. She also runs a sari-sari or variety store that sells various goods to the people in her area.
Lucena is asking for a loan to buy more wood for making charcoal and additional stock for her store, like rice, dry goods, soda, soap, shampoo, and other toiletries. With this, she will be able to attract more buyers and customers in her store. She can also sell more charcoal to the market.
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.