Gemma is 37 years old and is a married woman with three children aged 5, 4 and 2. She has had a sari-sari (variety) store for five years. She sells items like noodles, canned sardines and tuna. She also provides prepaid mobile credit loads to the people in her community.
Gemma plans to use her loan to buy more items to sell such as canned goods, vinegar and biscuits.
In the future, Gemma hopes to have a piggery and a fishing business.
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.