Pompia is a merchant from San Miguel, Bohol. She is a 63-year-old married woman and the mother of four grown up children. Pompia needs a loan. She is requesting a loan to buy additional merchandise to sell like canned goods, candies, rice, soda, cooking seasonings, soap and toiletries. With this, she will be able to attract and serve more buyers in her store; thus, augmenting her sales and profit. In the future, Pompia hopes to improve her store and make it sustainable.
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.