Guillerma is a 26-year-old married woman and a mother of four young children; she is from Talibon, Bohol. She has run a sari-sari (convenience) store business for several years. She is also in the seaweed farming business. Seaweed farming is a lucrative venture in the country.
Guillerma is asking for a loan to buy more stock of products to sell in her store, such as soda, biscuits, snack food, and others. She will also purchase materials for seaweed farming, such as straw and nylon.
In the future, Guillerma wants to make her business a success.
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.