Anecita is a married woman from Ubay, Bohol. She has 4 children. The oldest child is 24 while the youngest is 16.She owns and operates a retail store business. She sells commodities like noodles, canned goods, shampoos, sugar,coffee and soft drinks. Anecita requested a loan of 5,00 PHP to buy more groceries to sell beverages, canned goods, soft drinks, and toiletries. In the future, Anecita would like to expand her business to support her family and to continue finance her children to 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.