Marissa is a 49-year-old married woman from Ubay, Bohol. She has 5 children. The eldest is 26 and the youngest is 9 years old.
She has been engaged in a food vending business for 20 years now. She sells rice and other foods she has prepared in this area. She earns approximately 6,000 PHP in a month. This is the source of her income and for the needs of the family.
Marissa is requesting a loan to buy rice, meat, vegetables, seasonings and other ingredients. These are what she needs in her business. With the help of this loan, she will be able to buy these ingredients so she can start making her meals and selling them.
In the future, Marissa hopes to expand her business. She also wants to send her children to school.
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.