Lucena is a 47-year-old married woman with 7 children. Her children are aged between 12 and 27 years old. Lucena's husband works as a fisherman.
Lucena owns and manages a sari-sari store in Trinidad, Bohol. She sells items like eggs, soap, shampoo, cooking oil, vinegar and canned goods. Lucena also sells vegetables to her community. She earns about 5000 Philippine pesos (PHP) per month from this business.
Lucena has requested this loan to buy more items to sell such as vegetables, canned goods and eggs. She hopes this loan will help improve her 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.