Cheryl is a 29-year-old married woman and a mother of four young children from Talibon, Bohol. She runs a sari-sari or variety store business selling various goods and items to the people in her place. Cheryl is asking for a loan to buy additional stocks to sell like canned goods, noodles, rice, soda, vinegar, food seasoning and other items. With this, she will be able to sell to more buyers in her store, thus augmenting her sales and income. In the future, Cheryl hopes to make her business a success.
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.