Lorna is a 46-year-old married woman from the town of Maribojoc, Bohol. She runs a sari-sari, or variety, store business selling various goods and items to the people in her area.
Lorna needs a loan for the expansion of her store. She is asking for a loan to buy more stock to sell like canned goods, noodles, soda and beverages, seasonings, soap, and toiletries. Through this, she will be able to attract and cater to more buyers, thus augmenting her sales and income.
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.