Arlene is a 41-year-old married woman from Talibon, Bohol. She has two children. She runs a sari-sari (variety) store, where she sells various items like bread, biscuits, cooking oil, noodles, soaps and toiletries. Arlene is in need of capital to maintain the store's inventory. She requested a loan of 14,000 PHP to buy a sack of rice, a sack of pollard (pig feed) and other various goods. In the future, Arlene would like to expand her sari-sari store to support the education of her children and also provide proper 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.