Rita is 53 years old and is from Antequera, Bohol. She is married with two adult children. Rita has a Sari-sari store business and also sells home-cooked dishes and snack foods. In her spare time, she also makes baskets for additional income. At this time, she lacks the funds needed to buy soft drinks, rice, canned food, toiletries, seasoning and noodles for her store.
With a loan she will be able to replenish her stock on time, and she will be able to serve her customers better while increasing her profitability.
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.