Reynaldo is a 39 year old man from Maribojoc, Bohol in the Philippines. He has been in the sari-sari (variety) store business for seventeen years. Reynaldo sells items like rice, corn, soft drinks, canned goods and coconut wine.
Reynaldo is requesting a loan of 18,000 PHP to buy more merchandise like rice, corn, canned goods, noodles and soft drinks. Reynaldo would like to expand his sari-sari store business to support his family.
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.