Jenilyn has had a sari-sari store business for almost four years. She sells items like sugar, salt, vinegar and toiletries. Jenilyn’s income goes to her family’s basic needs. She finds difficulty in replenishing her merchandise rapidly and hopes to have more capital for her business.
Jenilyn has requested this loan to buy more items to sell such as gasoline and canned foods. She hopes for her business to be progressive.
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.