A loan of $250 helped to purchase additional goods for the store.

Cresencia's story

Cresencia A., 34 years old, is a native of Getafe, Bohol. She is married and is the mother of four. Her former experience as a saleslady has somewhat inspired her to start her own business. With PHP 6,000.00 as starting capital, she was able to establish a small store of goods. Along with this, she also has a videoke (singing) machine and computer games to meet her neighbors’ short time leisure.

Since she wanted to expand her business, Cresencia applied for a PHP 12,000.00 loan from Community Economic Ventures Inc. (CEVI), a growing micro-finance institution in the Philippines. This amount will be used to purchase more goods for the store.

Loan details

Lenders and lending teams

Loan details