Eutemia is a married woman from Trinidad, Bohol. She runs a sari-sari store, where she sells items such as snack foods, canned goods, sugar, and toiletries. Each month, Eutemia earns 5000 PHP from her business. She finds it difficult to replenish her inventory rapidly because her income is used for her family's daily consumption. She requested this loan to buy more merchandise, such as soft drinks and rice. Eutemia hopes for increased sales and 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.