Ma. Gina is a 44-year-old married woman from the community of Nocnocan, Talibon, Bohol. She operates a sari-sari store that sells different items needed by her neighbors. She is asking for a loan to buy rice, corn, soft drinks, beer, coconut wine, soap and detergent. She has five children who are still studying and need her support. Ma. Gina's income will help her husband, who is working as a fisherman, in meeting the needs of her family. In the future, she plans to make her store bigger and sell products that she did not previously carry.
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.