Cirila runs a small sari-sari (variety) store in the town of San Miguel, Bohol. Cirila is 50 years old and married, with two adult children. Her husband works as a painter while she attends to her store. Cirila would like to help by making a success of her business. She is requesting a loan to buy items like detergent, brown sugar and soft drinks. Her loan will allow her to increase sales at her business and start earning more for her family. In the future, she dreams of earning sufficient income to expand her inventory.
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.