Joselinda is a 35-year-old married woman who lives in Getafe, Bohol. She has two children who are 10 and 11 years old respectively and has earned a living by operating a sari-sari (or variety) store for the last four years. She sells items such as biscuits, bread, candies, mangoes and various other items. Joselinda is requesting a loan for 15,000 PHP to buy items to sell to her customers and to attract more customers. In the future, she would like to expand her business so that she can build a house for her family.
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.