Wilma is a 59-year-old married woman from Carlos P. Garcia, Bohol. She has two grown sons.
She operates a sari-sari or variety store business. She has been in this business for thirteen years now. The store is the source of her income. She earns 9000 PHP a month. Her husband is a fisherman.
Wilma is requesting a loan to buy soft drinks, rice, canned goods, noodles, toiletries, and food snacks. These items will help her to earn more profit. With the help of this loan, she can buy things that she needs for her business. In the future, Wilma hopes to expand 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.