Cirila runs a sari-sari (variety) store in her place in Getafe, Bohol. She has been in the business for more than 15 years. Her husband works as a carpenter.
Cirila is asking for a loan to buy additional stock to resell in her store, like canned goods, soap and toiletries, cooking ingredients, and other items. With these purchases, she will be able to attract and cater to more buyers in her store.
Cirila has hopes of making her business a success, and sustainable into the future. Moreover, she wants to save money for the schooling of her children, and to repay her loan on time.
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.