Raquel runs a sari-sari or variety store business selling various goods and items. She lives with her husband and two children in Ubay, Bohol. Raquel is asking for a loan to buy canned goods, soda, noodles, beverages, soap, detergents and others. With this, she will be able to attract more buyers in her store and augment her sales and income. In the future, Raquel hopes to make her business a success and a sustainable source of 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.