Leliosa is a 61-year-old, married woman and the mother of seven grownup children from Bohol, Philippines. She has run a sari-sari (convenience store) for more than six years. She sells canned goods, noodles, bread and snack foods to the people in her neighborhood. This is the source of her income.
Leliosa does her best to earn a living. As of this time, she needs more funding for her business to grow. Leliosa is requesting a loan worth 6000 PHP to buy additional merchandise to sell in her store, such as canned goods, snack foods and soda. With it, she can attract and cater to more customers because she will have more items in her store.
Leliosa hopes to expand her business and generate more income to be used for their daily needs. Any additional revenue will be reinvested into the same business or used for savings.
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.