Rosalyn V. is from the town of Sto. Niño. She is 37 years old. Rosalyn is married and has three school-aged children. To make a living, Rosalyn raising crops, particularly rice, for sale. Rosalyn works hard to sustain her business.
Rosalyn joined CEVI to gain access to financial services to help improve her business and living situation. Rosalyn has successfully repaid a previous loan from CEVI. Now she is requesting a new loan of 16000 PHP, which will be used to purchase fertilizers and other farm supplies.
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.