Severina owns and manages a sari-sari (variety) store business in Trinidad, Bohol. Severina is a married woman with 5 children. Her husband is a seaweed farmer.
Severina sells various items like spices, vinegar, soy sauce, toiletries and canned goods. She earns 15,000 PHP per month with her business. Severina works hard to provide for their household needs and keep her family healthy. She has requested a loan to buy more merchandise to sell such as rice, soft drinks and canned goods. This will help increase Severina's business profitability.
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.