Narcisa is a 32-year-old woman from the town of Jagna, Bohol. She is married with three children ages 5, 6 and 11. For 10 years now, she has been engaged in a sari-sari (variety) store business. She sell items like canned goods, eggs, soft drinks, seasoning, snacks and toiletries.
Narcisa is asking for a loan of 8,000 PHP to buy items like soft drinks, detergent, canned goods, eggs, noodles and seasoning. The income will be used for her children's schooling and family consumption.
In the future, she hopes to expand her store and offer more merchandise for a better profit. This way she can better provide for her family.
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.