Mansueta is a 58-year-old married woman. With the help of her two grown children, she continues to look after the sari-sari (variety) store that provides her income.
Mansueta is requesting a loan to buy products to sell such as rice, corn, soft drinks, and snack food. She will buy products that her customers use on a daily basis. Once her store if filled with basic items, it will attract more customers and increase her income. Mansueta will use the profits from her loan to save for the future and also provide for her family's daily food consumption.
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.