Julieta is a 34-years-old married woman from Talibon, Bohol. She has 3 children. The oldest is 13 while the youngest is 4. She runs a sari-sari (variety) store. She sells various items like coffee, sugar, noodles, ice candy, biscuits and canned goods. Her husband works as an electrician.
To be able to meet the family's daily needs, Julieta requested a loan of 4000 PHP to buy more inventory such as soft drinks, beverages, condiments, and canned goods. She is very thankful for the loan so that she can maintain the store inventory and also attract more customers. Julieta hopes to improve her variety store business to support her family and to send all her children through 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.