Carmela is a 54-year-old married woman from Talibon, Bohol. She runs a variety store business. She sells items like coffee, canned goods, noodles, soaps and soft drinks. She has been operating a variety store for three years.
Carmela requested a loan of 10,000 PHP to buy additional goods like seasonings, beverages, soft drinks and other dry goods to attract more customers. In the future, Carmela would like to expand her business to support her family and to improve their standard of living.
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.