Frecheil is a 32 year old married woman and a mother of three children ages 10, 8 and 6. Frecheil runs a sari-sari or variety store business selling various items and goods.
Frecheil is asking for a loan to buy additional groceries to sell like canned goods, candies, rice, soda, beverages, soap and toiletries. With this, she will be able to improve her sales and income. In the future, Frecheil hopes of making her business a success. Moreover, she wants to save money for the schooling of her children and to repay her loan.
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.