Rizalina is a 37-year-old woman and mother of a three-year-old daughter. She lives in Bohol, Philippines. She runs a bakery in her place. This is the source of her income.
Rizalina is asking for a loan worth 26,000PHP to buy additional ingredients and materials for baking. With this, she will be able to increase the amount of products she sells, thus adding to her profit and income. Rizalina dreams of expanding her business and making it a success.
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.