Rosalie is a 42-year-old married woman and a mother of six children from Panglao, Bohol. She has been engaged in a fish-vending business for more than five years now. Her husband works as a fisherman.
Rosalie is asking for a loan to buy new fishing nets and lead weights, buckets and fuel for the boat. Through this, her husband will be able to enhance his daily catch, thus giving them more fish to sell in the market. In the future, Rosalie aims to expand their business and save money for the schooling 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.