Merlyn is a 33-year-old married woman from Ubay, Bohol. She has two children. Her younger child is 9 and the older one is 12. Her work is to provide services like manicures and pedicures. She has been in the manicure and pedicure business for six years.
Merlyn requested a loan of 10,000 PHP to buy materials like scrubs, nail polish, acetone, and toe separators. In the future, she 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.