Teresita is a 48-year-old married woman from Talibon, Bohol; she has five children.
She runs a sari-sari (variety) store business, where she sells various items such as biscuits, sugar, shampoo, noodles, soaps, and beverages.
Teresita requested a loan of 11,000 PHP to buy additional goods to sell such as canned goods, beverages, and soft drinks.
In the future, Teresita would like to expand her sari-sari store to provide her family with good food and a quality life.
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.