Regina is a 48-year-old married woman from Talibon, Bohol. She runs a 'sari-sari' (variety) store. She sells items like bread, noodles, biscuits, candies, seasonings and soap. She has been operating a retail store for almost 5 years now.
Regina requested a loan of 8,000 PHP to buy more items to sell like beverages, soap, and soft drinks, so as to fill her store with stock to avoid shortages. In the future, Regina would like to expand her sari-sari (variety) store business to improve their livelihood.
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.