Marilyn is a 30-year-old married woman from Ubay, Bohol. She has an 11-year-old son. She is engaged in the farming business. She also has a second business, which is fishing, to supplement the other needs of the family. She has been in this business for 12 years now together with her husband. This is the source of her income.
Marilyn is requesting a loan to buy fertilizer, seedlings, and a fish net. This will be used in her two businesses. With the help of this loan, she will be able to buy what she needs for the businesses.
In the future, Marilyn hopes to expand her business.
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.