Milagros is a 47-years-old married woman and a mother of four children from Bien Unido, Bohol. She has run a sari-sari, or variety store, business for several years. Her husband works as a fisherman.
Milagros is asking for a loan to buy more inventory to sell in her store like canned goods, chips and snack foods, soap and toiletries. With a loan, she will be able to improve her business and income.
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.