63-year-old Rosita buys and sells fruits and vegetables to her community. She also provides prepaid mobile credit loads. Rosita earns about 5000 PHP per month with her retail business. She helps in buying her family's basic needs and hopes to earn better to make improvements to their standard of living.
Rosita has applied for a loan to buy more fruits and vegetables and prepaid mobile credit loads to sell. She hopes for her business to grow and for her children to become successful.
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.