Eduardo is a 51-year-old married man from Talibon, Bohol. He runs a sari-sari (variety) store. He sells items like coffee, shampoo, sugar and canned goods. Aside from operating a sari-sari store business, he also engages in carpentry.
Eduardo requested a loan of 10,000 PHP to buy additional merchandise to sell and tools, like a hammer. In the future, Eduardo would like to expand his business to improve their livelihood status.
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.