Lutgarda is 69 years old from Albur, Bohol. She is a general store owner and has one daughter, aged 45 years.
She is hoping that she can improve her store's inventory by buying stocks in bulk to maximize her profit. She is asking for a loan to buy additional stocks like eggs, noodles, bread, canned goods, and chips.
Lutgarda will then invest her profit in the same business, provide herself and her family a nutritious diet, and save for possible business expansion.
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.