Angelita is a 53-year-old married woman and a mother of three grown-up children from Talibon, Bohol. She runs a 'sari-sari' or variety store business selling various goods to the people in her place. Angelita is asking for a loan to buy additional stock to sell like canned goods, rice, sodas, soap and toiletries, cooking materials, snack foods and others. With this, she will be able to attract and cater for more buyers in her store. In the future, Angelita has hopes of making her business a success.
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.