Marilou P., 40 years old, has been selling a variety of food items in the streets since 2000. She lives in Talibon, Bohol. She has a sari-sari store and five children. She would like to augment the income of her family. Funding from CEVI will allow her to expand her inventory.
She would like to apply for a loan of PHP 5,000. She will use the loan to buy firewood, shampoo and other merchandise to resell in her store.
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.