Gelyn, age 27, runs a sari-sari (variety store) business. In her store, she sells a variety of items such as eggs, sugar, biscuits, coffee, seasonings, and canned goods.
Gelyn lives in Getafe, Bohol, with her husband and their children. They have a one-year-old baby and two older children, ages eight and nine.
In order to be able to restock her store with various necessary items, Gelyn has requested a loan in the amount of PhP 8,000. She will use her loan funds to buy condiments and soft drinks to offer for sale.
Gelyn hopes to expand her business so that she can provide her children with nutritious food and good living conditions.
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.