Angeline is a 32 year old married woman and a mother of two children ages 10 and nine. Angeline runs a sari-sari or variety store business selling various goods and items to the people in her place. Angeline is asking for a loan to buy additional groceries to sell like canned goods, candies, noodles, soda and beverages, soap and toiletries. Through this, she will be able to improve her business and cater more buyers in her store. Angeline dreams of expanding her business so that it will generate more income necessary for the needs of the family like 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.