Leonida is a 55-year-old married woman from Ubay, Bohol. She has 12 children. The oldest child is 38 while the youngest is 16 years old respectively.
Leonida owns and operates a sari-sari (variety) store. She sells items like vinegar, biscuits, noodles, beverages and soaps. She requested a loan of 12,000 PHP to buy more stock like canned goods, shampoo, detergents, soft drinks and condiments to cater to the needs of the customer.
In the future, Leonida would like to expand her business to support her family as well as to finance her children's college education.
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.