Angela is a married woman from the town of Trinidad, Bohol. She earns a living through her sari-sari or variety store business, selling various goods and items to the people in her place.
Angela is asking for a loan to buy more stocks to sell, like canned goods, soda, soap, toiletries, and noodles, among others. With this loan, she will be able to expand the diversity of items in her store.
In the future, Angela would like to save some of her profits for reinvestment in the same business.
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.