Arlen is a married woman and a mother of five children who are still attending school. She is engaged in the retail business selling various goods and items to the people in her place.
Arlen is asking for a loan to buy more groceries for her store such canned goods, noodles, bread and snack foods, candies, soda, coffee, sugar, soap and toiletries. With this, she will be able to attract and cater for more buyers in her store thus augmenting her sales and income. Arlen wants to expand her business in the future so that it will generate more revenue necessary for the needs of the family especially for the school fees of her children.
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.