Hermesa is a 52-year-old married woman and a mother of five grown up children from Antequera, Bohol. Hermesa runs a sari-sari or variety store business selling various goods and items to the people in her place. Hermesa is asking for a loan to buy stock to sell like canned goods, rice, soda, beverages, soap and toiletries. With this, she will be able to cater and sell to more buyers in her store thus augmenting her sales and profit. Hermesa dreams 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.