Cresencia is a native of Getafe, Bohol. She is 38 years old and married with four children. Her eldest is 19 and the youngest is 12. Her husband has a fishing business. Cresencia sells household basic needs through her small sari-sari store. In her store she sells cooking oil, salt, pepper, soy sauce, tomato, garlic, onion, canned goods, noodles and soft drinks. She is asking for a loan to buy more vegetables and seasoning that she can resell. The additional stock would assure Cresencia that she has enough to sell to her customers. This will result in a better income for her family. She will be able to provide nutritious food for her family. In the future, she plans another business expansion.
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.