Evelyn is a 33-year-old married woman and a mother of four children from Jagna, Bohol. Evelyn runs a sari-sari, or variety store, business selling various goods and items to people in her neighborhood. She has been in this business for more than 15 years now.
Evelyn is asking for a loan to buy additional groceries to sell like rice, candies, soda, noodles, and canned goods, as well as soap and toiletries. This will help her attract more customers and cater to their needs, thus increasing her sales and profit.
In the future, Evelyn hopes to make her business a success and save money for the schooling of her children. Evelyn also wants to repay her loan on time so that she can take another one for the improvement of her business.
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.