Catalina is a 71-year-old woman from the town of Baclayon, Bohol. She is married with eight grown children. Her husband worked as a barber to support their family. She runs a sari-sari (variety store). She sells various items like canned goods, noodles, coffee, biscuits, cooking oil, eggs, shampoo and soap. Her business started more than 10 years ago. She is asking for a loan to buy soft drinks, beverages, condiments, toiletries, other dry goods, and firewood to maintain the inventory of her store. In the future, she hopes to expand her sari-sari store business to have a sustainable source of income.
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.