Merly is a married woman and a mother of three young children from Ubay, Bohol. She is engaged in a food-vending business selling barbecue to the people in her place. This is the source of her income. Merly is asking for a loan to buy more materials/ingredients for barbeque like meat, sauce, sticks, seasonings and others. Merly believes that this loan could help her in improving her business. In the future, Merly dreams of expanding her business and making it a success. Moreover, she wants to 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.