Cecil is a 40-year-old married woman from Talibon, Bohol. She has four children. The oldest is 21 while the youngest is nine. She runs a sari-sari (variety) store business. She sells various items like sugar, soap, cooking oil, canned goods and noodles. Her husband earns a livelihood with a fishing activity.
She requested a loan of 15,000 PHP to buy more goods to sell like beverages, seasonings, soft drinks and also to pay school fees. In the future, Cecil would like to support her family as well as sending all her children to get a college education.
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.