Rosenda is a 52-year-old woman and is engaged in a fishing business. She owns a fishing boat, and she has been engaged in this venture for more than 20 years.
Rosenda is asking for a loan to buy new fishing nets and lead weights. With this equipment, she will be able to improve her fishing business and the quantity of fish that her men will catch.
Rosenda hopes to make her business a success, and sustainable in the future.
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.