Celedonia is a 57 year old married woman from Talibon, Bohol. She has 6 children and the youngest is 15. She runs a retail store. She sells items like biscuits, eggs, cooking oil, bread, coconut wine and soaps. She has been operating a retail store for more than 10 years now.
Celedonia requested a loan of 6,000 PHP to buy more stocks to sell like canned goods, soft drinks and beverages to avoid stock shortage and to cater to the needs of her customers. In the future, Celedonia would like to expand her retail store business to support her family and also to be able to send her children to college.
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.