Cheryl is a 30-year-old married woman and a mother of four children from Talibon, Bohol. She runs a sari-sari or variety store business selling various goods and items to the people in her place.
Cheryl is asking for a loan to buy more groceries to sell like canned goods, candies, noodles, soda and beverages, soap and toiletries. With this,she will be able to improve the variety of her stock thus allowing her to sell and cater for more buyers in her store.
In the future, Cheryl hopes to make her business a success and expand her store, thus generating more revenue to fulfill the needs of the family - which include food - and to pay the school fees of her children.
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.