Marichie is a 32-year-old woman from Carlos P. Garcia, Bohol. She has five children ages 1-9. Marichie supports them with the income from being a food vendor and having a 'sari-sari' store business. Her business started two years ago.
Marichie usually cooks home-made dishes like sautéed vegetables and beans and also sells chips, toiletries and canned goods in her store. She is asking for a loan of 8000 PHP to buy chips, noodles and mongo beans. Her ultimate goal is to send her children to school so they can have a better future.
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.