Emeliana is 40 years old and has three children ages 10, 15 and 17. She is a sari-sari (general) store owner from Ubay, Bohol in the Philippines. She sells basic household goods like shampoo, toothpaste, sugar, cooking oil, seasoning and detergent. She is asking for a loan of 8,000 PHP to buy soft drinks, rice, canned goods and gasoline. This way, she will not run out of items that sell the most, maximizing her income.
In the future, she hopes to sell items that she does not offer at present to make a good profit for her children.
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.