Maribel is a 30-year-old married woman from Talibon, Bohol. She has two children, ages 11 and 3.
She runs a sari-sari (variety) store. Maribel sells various items like powdered milk, sugar, soaps, biscuits, noodles, seasonings, and beverages. She has been running a variety store for almost four years.
She requested a loan of 9,000 PHP to buy more stock like canned goods, soft drinks , seasonings, and fertilizers so she can maintain the inventory of the store, and also attract more customers.
In the future, Maribel would like to expand her sari-sari store business to provide her children with good food and a quality 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.