Florencia earns a living through her sari-sari or variety store business. She sells various goods and items to the people in her place like canned goods and noodles among others. This is the source of her income. Florencia is asking for a loan to buy more stock of items like canned goods, soda, noodles, rice, soap and toiletries to sell. With this, she will be able to improve her stock and attract more buyers in her store, thus augmenting 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.