For the past ten years Crispina has operated a sari-sari, or a small general store, in her community. She sells grocery items like rice, canned goods, toiletries and seasoning. Her business earns her an average monthly income of 5,000 PHP.
Crispina is applying for a 12,000 PHP loan from CEVI to buy more sugar and food for her shop, as she always runs out of these items. Her loan would mean a lot as far as growing her business.
Crispina hopes to see her business thrive so she can save and live in comfort.
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.
You can show your support for CEVI by joining the Friends of CEVI Kiva Lending Team. Learn more by visiting the CEVI website.
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