Cerelina is a 48-year-old married woman and a mother of three from the town of Talibon, Bohol. Cerelina has operated a sari-sari store for more than 20 years now. She sells various goods and items to the people in her area. Cerelina is asking for a loan to buy additional stock of items to sell, like canned goods, biscuits, candies, soap and toiletries, and to pay for the repair of the house. Through this loan, Cerelina will be able to improve her store and house. In the future, Cerelina has hopes of making her business successful and more profitable.
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.