Ronalyn is a married woman from Panglao, Bohol. She is 23 years old and a mother of two young children aged three and four. She is engaged in a fish-vending business. Her husband is a fisherman. Ronalyn is the one who sells the fish to the nearby town. She has been in the fish vending business for three years. When it is not the season to catch fish, Ronalyn also engages in buying and selling fish.
She requested a loan of 7,000 PHP to buy fishing materials like a fishing net and to have additional capital for her buying and selling business. In the future, Ronalyn would like to expand her business to support her family as well as to save for her children's education.
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.