Jocelyn runs a sari-sari, or variety store, business selling various goods and items to the people in her place. She is asking for a loan to buy more stocks of items to sell such as soap, detergents, shampoo, insect repellant coil, noodles, and canned goods. Through this, she will be able to improve her store and attract more buyers, thus increasing her sales and income.
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.