Rosette is 48 years old and is a married woman with a 10-year-old child. She earns a living selling home-cooked meals to her community. She earns about 6000 Philippine Pesos (PHP) per month with her business. She has requested a loan to purchase ingredients and cookware. Rosette hopes to expand her business and have her own restaurant in the future. She also hopes to send her child to college.
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.