Lourdes is a 63-year-old single woman from Trinidad, Bohol. She operates a sari-sari (variety) store business. She sells items like biscuits, condiments, beverages and noodles. Aside from her sari-sari (variety) store, she grows rice.She has been growing rice for 10 years. Lourdes requested a loan of 12,000 PHP to buy fertilizers and plant vitamins to have a bountiful harvest. In the future, Lourdes would like to expand her business to have a sustainable livelihood and at the same time save for old age.
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.