Albina is a 42-year-old married woman from Cortes, Bohol. She has 4 children. The youngest is 10, while the oldest is 20. She owns and operates a sari-sari (variety) store. She sells basic commodities like canned goods, soft drinks, biscuits, and soaps. She requested a loan of 10,000 PHP to buy additional merchandise, like soft drinks, biscuits, soaps, and beverages. In the future, Albina would like to expand her business to support her family.
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.