Jonicel is a merchant and operates a sari sari or variety store business selling various goods and items to the people in her local area. Jonicel is asking for a loan to buy additional stock to sell like canned goods, candies, beverages, soap and toiletries. With this, she will be able to improve her stock, thus attracting more customers. In the future, Jonicel hopes of making 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.