Pedra is a 54-year-old woman from the town of Bien Unido, Bohol. She is married with four children. The oldest is 23 while the youngest is 12. She runs a sari-sari (variety) store. She sells items like bread, eggs, seasonings, noodles, and canned goods. Her business started four years ago. She is asking for a loan to buy one sack of rice and two cases of soft drinks to fill her store with stocks and continue her livelihood activity.
In the future, she hopes to expand her retail store business and increase business profitability for her children’s 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.