Alma is a 31-year-old married woman from Getafe, Bohol. She has two children a boy of 12 years and a 10-year-old girl. She is engaged in sari-sari or variety store business for three years now. Her monthly income is PHP 4,000. The general store is the source of her income. Alma is requesting a loan to buy additional items like canned goods, noodles, toiletries, sugar, coffee, soft drinks, and beverages for her store. Through this loan, she will be able to buy all this items and attract the customers in her local community. In the future, Alma hopes to expand her business and gain more profit to sustain the needs of her children in schooling and 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.