Valerio is 53 years old from Trinidad, Bohol. He is married with eight children. He is dependent on his sari-sari store business for an income. This supports the needs of his family, especially the food. He is asking for a loan to buy merchandise such as canned goods, noodles, eggs, seasoning, and toiletries. This will help his store to be more attractive to his customers. Valerio knows that with an additional capital, it will boost his income too. The profit will provide a nutritious diet for his family. In the future, he hopes to have a bigger store for a better profit.
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.