Felipa is a 48-year-old married woman from Talibon, Bohol. She has 2 children aged 17 and 25. Felipa runs a sari-sari (variety) store. She sells items like coffee, biscuits, condiments, soaps, soft drinks and canned goods. Felipa requested a loan of 6000 PHP to buy 5 cases of soft drinks, beverages and various other goods. Felipa hopes that she could manage her store well in order to provide her children with good food and 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.