Lorna is a merchant and runs a sari-sari or variety store business selling various goods and items to the people in her place in Maribojoc, Bohol. She is a married woman and a mother of four children. Lorna is asking for a loan to buy more stocks to sell like canned goods, candies, noodles, soda and beverages, soap and toiletries. With this, she will be able to attract and cater more buyers in her store thus augmenting her sales and profit. In the future, Lorna dreams of expanding her store so that it will generate more revenue necessary for the needs of the family especially for the schooling of 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.