Marivic runs a grocery store business in her area in Bohol, Philippines. She has been in the business for more than 12 years now. She sells various goods and commodities to the people in her neighborhood.
Marivic is asking for a loan to buy additional noodles, canned goods, soda, chips, snack foods, and additional items to sell. With this merchandise, she will be able to cater and sell more products to her customers and buyers.
In the future, Marivic wants to reinvest in the same business. She also wants to save money for the schooling of her children.
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.