Anabelle is a 49-year-old married woman from Ubay, Bohol. She has eight children. The youngest child is 6, while the oldest is 21.
She owns and operates a variety store. She sells basic commodities like canned goods, noodles, soaps, toiletries and condiments. She has been selling basic commodities for two years already. She requested a loan of 8,000 PHP (Philippines pesos) to buy more merchandise to sell like canned goods, soft drinks and dry goods. In the future, Anabelle would like to invest in another business to support her family as well as to send her children to school.
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.